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Commissioners of the Pacific Northwest ports approved a plan to unify their marine cargo terminal investments, operations, planning and marketing in an attempt to strengthen the Puget Sound gateway and attract more marine cargo to the region.
The future of the Export-Import Bank is still in doubt because it depends on passage of a long-term transportation bill that is expected to pass the Senate, but which faces strong opposition in the House.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.
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.