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Third partly logistics provider Kuehne + Nagel Group’s purchase of 100 percent of the multimodal transportation management solutions provider is valued at an estimated $180 million to $200 million, according to Stifel.
A rule from the Pipeline and Hazardous Materials Safety Administration requiring shippers to label and document shipments with more than 12 lithium batteries went into effect Friday.
The cases, involve courier and taxi companies that allegedly underpaid workers for their service, are the latest to challenge the traditional owner-operator driver model.
Federal Maritime Commission Chairman Mario Cordero applauded efforts to fight gate congestion at the Ports of Los Angeles and Long Beach, but wants terminals to amend their agreement with the FMC.
The ERP provider's $675 million acquisition of GT Nexus brought little overlap, common architecture, and access to deep networks of suppliers, an Infor executive tells American Shipper.
U.S. government data shows the value of imports and exports in the North American free trade zone fell, with vessels and pipelines bearing the brunt of the downturn.