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Ocean carrier MOL, which owns 16.5 percent of Daichi, is projecting a loss of approximately $209 million as a result of the bankruptcy.
A lawsuit from Canadian National Railway accuses a former employee of sharing confidential client information with rival railroad Canadian Pacific, according to multiple media reports.
The Turkish Steel Exporters’ Association are meeting with federal government officials and industry experts in Washington this week with plan to improve U.S.-Turkish steel trade relations.
The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week's disappearance of the Florida-Puerto Rico cargo vessel.
The trucking industry will need to hire 890,000 new drivers, an average of 89,000 per year, in order to keep pace with demand, according to a new report from the American Trucking Associations.
The Cincinnati, Ohio-based transportation and logistics firm opened an office in Daytona Beach, Fla. last week.