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President Obama on Wednesday announced his intent to nominate T.F. Scott Darling III to administrator of the Transportation Department’s Federal Motor Carrier Safety Administration.
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.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
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.