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Investment firm Brookfield Infrastructure Consortium will purchase 55 percent of Asciano Limited in a deal that will value the rail and port logistics provider at approximately $8.8 billion.
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.