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Employers "hopeful that this will allow us to move toward conclusion of an agreement in the near term."
Flexi-Van executive says "misplaced" chassis have aggravated congestion.
Move comes as ILWU, PMA talks enter 10th month.
The port authority saw a 4.9% drop in profits due to higher interest charges and depreciation.
The Singapore facility will include the company’s first fully automated express parcel sorting and processing system in South Asia.
The logistics provider and freight forwarder doubled EBIT and increased profits by more than 600% in 2014.