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A bipartisan Senate bill would set transport policy and investment for six years, but is only funded for three years using money that would be redirected from other parts of the government.
The Federal Maritime Commission's report was based on feedback from industry leaders at four public forums held around the country to gauge the impacts of port congestion and examine possible solutions going forward.
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
The port solutions service provider and dry warehousing company announced it acquired Charleston Freight Station, Inc.
Meanwhile, drayage drivers at Pacific 9 Transportation continue their strike in an attempt to be reclassified as employee drivers.
Roadrunner's CEO Mark DiBlasi said the purchase of Stagecoach Cartage will expand its trucking network in the Southwest U.S. and along the Mexican border.