The less-than-truckload rivals are involved in a legal dispute over the hiring practices of YRC, which allegedly lured away two high-level XPO executives who were contractually bound not to work for a close competitor or divulge proprietary information.
The Northern California port says cargo business from Outer Harbor Terminal LLC, a joint venture between Ports America and TIL, will be transferred to other terminals and night and weekend truck gates will be offered to help in the transition.
After rejecting final bids from three trucking companies, XPO Logistics Inc. has decided to keep the full truckload shipping arm of Con-way Inc., according to a report in the Wall Street Journal.
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South Korean shipping conglomerate Hyundai Merchant Marine may be looking to sell its subsidiary securities firm, tourism unit, port container terminals, or bulk carriers, according to various media reports.
The United States Chamber of Commerce says the next item on the nation's trade agenda should be a bilateral free trade agreement with Brazil.
European terminal operators say they want implementation guidelines for the new IMO rules requiring shippers to provide the verified gross mass of containers that "do not create competitive distortions between member states."