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Price tag for Singapore-based APL Logistics is significantly higher than the $750 million first mooted when NOL announced in August that it was exploring a sale or IPO.
Transit times for less-than-container-load ocean freight shipments will be reduced by seven days, according to the global forwarder.
U.S. Labor Secretary Perez announced Friday night the International Longshore and Warehouse Union and Pacific Maritime Association reached an agreement on a new five-year contract.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance
The revised agreement would allow collaboration on congestion, transportation infrastructure needs and pollution mitigation.