The German ocean carrier is citing benefits from its planned merger with United Arab Shipping Company, but Reuters has reported a "snag" in those plans.
The freight rate marketplace and management software provider's venture capital investment has now topped $50 million as it seeks to digitize the freight rate environment.
The Seattle-based e-commerce giant’s acquisition of SOUQ.com, the largest online retail and marketplace platform in the Arab world, is expected to close some time in 2017.
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The index fell 6.5 percent from last Friday to a reading of 886.26, largely resulting from sharp declines on the Shanghai to Europe and Mediterranean trades.
Hyundai Merchant Marine has entered into a contract to acquire Hanjin Shipping terminals in Tokyo and Kaohsiung.