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Norfolk Southern Corp. will modify its Triple Crown Services (TCS) subsidiary to focus on the transport of auto parts, while other business will shift to the railroad's intermodal network.
Global cargo thefts are increasing at an “alarming” rate and are no longer limited to high-value goods, according to the International Union of Marine Insurance.
The home improvement retailer opened a 1.6 million-square-foot direct fulfillment center in Troy Township, Ohio to support continued growth in online sales.
The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week's disappearance of the Florida-Puerto Rico cargo vessel.
Investment bank Stifel Nicolaus upgraded its rating of FedEx Corp.’s stock to “buy” Monday, causing share value on Tuesday to increase over 1 percent from the previous day’s closing price.
The Japanese ocean liner carriers and three executives at the companies allegedly conspired to fixed prices on roll-on/roll-off cargo, according to the U.S. Department of Justice.