Several logistics companies, such as BDP International Inc. and Pilot Freight Services, are seeking buyers, a sign that stagnant shipping demand is driving a new wave of consolidation in the industry.
Merger talks between German container-shipping operator Hapag-Lloyd AG and Dubai-based rival United Arab Shipping Co. are progressing well, and the companies will likely combine by the end of the summer, two people involved in the matter said.
With the end of the U.S. trade embargo looming, the Cuban government aims to boost production, but tobacco fields lie fallow.
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Panasonic’s auto business said it expected to add up to $3.6 billion in new revenue in the next two years through mergers and acquisitions that would give it new technologies .
Work on common standard on East, Gulf Coast ports aimed at breaking impasse that threatens export logjam
Withdrawal by Westwood Shipping Lines ends last direct route to Asia markets for Oregon exporters.
The pension fund representing hundreds of thousands of truck drivers and warehouse workers won’t make a second bid at overhauling one of the nation’s largest multiemployer retirement plans.
Fiat Chrysler Automobiles NV is investing $12.2 million to build a new distribution center in Virginia amid growing demand for parts used by its dealerships to both repair and customize its vehicles.
Amazon.com Inc. is on the hunt for technology to help it run its rapidly expanding freight transportation network, according to people at companies that have been contacted by the retailer.
Amazon.com Chief Executive Jeff Bezos on Tuesday promised more retail stores as well as new services for the company’s Prime unlimited shipping membership.
Automated communication systems on board the missing EgyptAir plane sent a series of warning messages, including an apparent flight control system fault and alarms detecting smoke in the nose of the aircraft.
Deere & Co. said it has tightened conditions for equipment leases as a slump in farming incomes has led customers to prefer leasing machinery over purchasing it.
Marketer of consumer products including Ajax, Fab and Rit files for bankruptcy court protection from creditors and puts its collection of household products on the auction block.
Employers preparing for a new federal overtime-pay regulation say the change will lead them to slow hiring, reduce workers’ hours and cut pay, bonuses and benefits.
U.S. regulators are changing food labels to show sugar levels more prominently—the first such adjustment in more than two decades—dealing a blow to food makers and aiming to change how Americans eat and drink.
Wal-Mart’s efforts to improve its stores coupled with wage gains by its core lower-income shoppers helped the retail giant power through a quarter in which rivals struggled.
Terex said it plans to sell part of its cranes business to Finland’s Konecranes, pressuring a Chinese suitor, Zoomlion, to complete its offer for all of Terex.
CBRE report says rates for prime space near big U.S. population centers soared 9.9% in 2015 as industrial capacity remained tight.
Sweeping changes to the trade barriers governing the sugar industry are redrawing the map for one of the commodity world’s most-protected markets.
For Birchbox, Glossybox, TestTube and others, packing lots of delicate items of different sizes each month is often manual and inefficient.
