TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
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Workforce reductions affect non-sales positions like IT, human resources, and accounting and stem from XPO's 2015 acquisition of less-than-truckload provider Con-way Freight.
Volume growth in 2016 is unlikely to match the 15 percent growth rate seen last year despite the opening of new, expanded Panama Canal locks, according to the London-based consultant.
As the amount of data being produced and consumed by supply chains grows exponentially, having tools to visualize that data is crucial.