The nationwide trucker and third-party logistics provider said it hopes to raise between $281 million and $359 million with the initial public offering, and provided details on how it plans to use the proceeds.
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
Trucking industry executives visited the White House Thursday afternoon to talk about issues that affect their businesses.
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Despite surpassing analyst projections, C.H. Robinson’s earnings per share for the quarter were still lower than in Q4 2015, but revenues increased 6.4 percent year-over-year due to volumes growth across all services.
The New York Shipping Exchange received the $8.5 million in Series A funding from a coalition of capital firms led by Goldman Sachs Principle Strategic Investments and GE Ventures.
The global trade management software provider will allow users to tap into FedEx Trade Network's WorldTariff data for HTS, FTA and denied party screening.