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Leadership transition occurs as the flooring retailer continues to deal with questions about import safety and compliance.
Investment bank's transportation and logistics group found the six publicly traded forwarders split among those focused on margin and those struggling with IT and cultural issues.
Chicago-based SEKO has expanded in recent years into a full-service logistics provider with transportation, warehousing, supply chain, home delivery and e-commerce capabilities.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.