The independent containership owner and manager purchased the vessels for $195.6 million.
The U.S. Commerce Department’s International Trade Administration released a report Wednesday, showing that 92 percent of more than $1.3 trillion worth of U.S. goods exported in 2015 were likely affected by foreign technical regulations.
The Arab ocean carrier's shareholders would own 28 percent of the combined company, while the existing shareholders of Hapag-Lloyd would own 72 percent of the new company.
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FedEx's freight forwarding arm has hired Cindy Allen, while Megan Montgomery will take over day-to-day management of the National Customs Brokers and Forwarders Association of America.
Making trade easier for companies in the United States is important, but the Trans-Pacific Partnership agreement is as much about the nation's strategic interests in Asia.
Logistics costs for U.S. businesses rose 2.6 percent in 2015, while the largest component of logistics costs, transportation, grew only 1.3 percent during the year, according to a report from the Council of Supply Chain Management Professionals.