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The Busan Port Authority and the Korean government plan to further strengthen the port's cargo trans-shipment capabilities to handle 13 million TEUs of trans-shipment cargo by 2020.
Roadrunner's CEO Mark DiBlasi said the purchase of Stagecoach Cartage will expand its trucking network in the Southwest U.S. and along the Mexican border.
MacroPoint's third party load status information will be available to common customers of CarrierWeb's technology for private and for-hire fleets.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.