Transportation planners and industry executives briefed House lawmakers last week on progress made so far with implementing freight provisions of the FAST Act.
The parcel carrier’s expedited shipping segment will raise prices by an average of 3.9 percent in Germany, effective Jan. 1, 2017, with prices in other countries varying based on local conditions, the company said in a statement.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau of Transportation Statistics.
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The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.
The ports of Savannah and Brunswick will be closed for operations Friday, Sept. 2, 2016, as a result of expected severe weather caused by Hurricane Hermine, which was recently upgraded from a tropical storm to a category 1 hurricane.
While spot freight rates measured by the Shanghai Containerized Freight Index from China to Northwest Europe and the Mediterranean continued to rise, prices to the United States either remained the same or fell back from last week.