TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
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Under Seaton's leadership, ocean carrier APL pioneered industry innovations like larger-than-panamax containerships, doublestack trains, and domestic intermodal service.
The U.S. Coast Guard closed a five-mile stretch of the Mississippi River near St. Louis due to high water levels and fast currents caused by the winter storm Goliath.
Republican presidential candidates engaged on the trade issue during last night's debate, with Sen. Cruz calling for a business flat tax that is border-adjustable for exports.