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The Federal Maritime Commission said its detailed monitoring of the Maersk-MSC alliance in the east-west liner trades has "raised no red flags."
Dubai-based Mercator, majority owned by the private equity group Warburg Pincus, plans to link Catapult's rate and quote management solutions with its own air cargo-focused technology.
Despite passing fast-track Trade Promotion Authority, the U.S. House of Representatives potentially stopped TPA in its tracks today, voting against a companion bill to help workers displaced by trade deals.
Ocean carriers Hapag-Lloyd and Maersk announced plans for rate increases on August 1.
A spokesperson for the Port of Oakland said it will hire 500 additional workers to address a shortage in time for peak season in the fall.
Port Lafito offers upgraded facilities and capacity compared to Port-au-Prince.