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Retailer diverted cargo, formed chassis fleet, and used untapped drayage to combat West Coast congestion.
Additional workers will be used to run second yard shifts, execute rail movements, and bolster equipment operations, according to a statement from the New York Shipping Association.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
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.