SoftBank’s Vision Fund led the Series D round, which Flexport will use to improve technology, open offices and warehouses and hire employees with operational expertise.
But The Wall Street Journal is reporting the CEO had been under pressure for months to step down.
JAXPORT leaders at the annual State of the Port address report work may be completed two years ahead of the original schedule.
CBP reminded the trade that drawback claims must be filed in ACE according to requirements of the Trade Facilitation and Trade Enforcement Act.
ZAG International’s overseas managing director acquired cement clinker from a supplier in the United Arab Emirates knowing that it originated in Iran.
The company held a “Papa-Mama” seminar Thursday about the merits for men to participate in housework and child care.
The company says freight rates are higher as it begins contract negotiations with North American shippers.
C.K. Yoo is credited with helping HMM navigate a difficult period and last April was offered a three-year contract extension.
With deeper channels, longer and wider ships will be able to move to and from berths without having to wait for high tides.
The ship, which was damaged by a container fire in early January, currently is at a yard in the Bahamas.
The strategic move positions the company to “more effectively provide economical shipping options for its clients throughout the Midwest and Northeast.”
A study finds year-over-year growth of 8.2 percent for freight traffic and 3.6 percent for number of vessels that transited the waterway.
Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.
A KPMG trade analyst during a webinar outlined several measures companies subject to Section 301 duties might look into in order to remain competitive.
The House Committee on Oversight and Reform exposes potential ethics violations by the White House in its support to export nuclear power equipment.
Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.
TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.
Shippers and service providers say they are suffering from “an increasingly unbalanced market situation since carriers entered into major cooperation agreements.”
The Taiwanese liner carrier has until May to decide on an option for four slightly larger containerships from Japan Marine United Corp.
