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Order from DSME includes an option to add six more ultra-large container vessels.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Harbor Trucking Association also received a grant that will expand its training program for truckers.
Retailer diverted cargo, formed chassis fleet, and used untapped drayage to combat West Coast congestion.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
A new whitepaper from CarrierDirect says 3PLs can become strategic partners of LTL carriers in tight capacity environment by reducing a major pain point for carriers.