The portfolio, the first purchase by logistics real estate company IDI Gazeley in the Netherlands, includes over two million square feet of warehousing space.

The TPP agreement, which includes the United States and 11 other countries in the Pacific Rim and the Americas, covers a range of industries and promises to reduce or eliminate tariffs and quotas on numerous products.

The United States imported 3.02 million net tons of steel in August and 28.02 million net tons during the first eight months of 2015, year-over-year decreases of 18.5 percent and 2.2 percent, respectively.

Year-over-year throughput of crude oil and other petroleum products dropped 22 percent last week compared to the same period last year, according to the American Association of Railroads.

Höegh Autoliners appointed Scandinavian Shipping & Logistics, which has already worked with the Norwegian ocean carrier in Sweden and Norway for several years, as its agent in Finland, effective Dec. 1., 2015.

The ECT City Terminal, the oldest container terminal at the Port of Rotterdam, closed its doors last week as a result of not being able to handle the increases in scale in container shipping.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.

Search and rescue efforts are now focused on finding survivors from the 33 crew members who were on board the Jacksonville-Puerto Rico container and roll-on/roll-off vessel operated by TOTE Maritime, formerly Sea Star Line.

The U.S. Coast Guard has been unable to make visual or radio contact with a TOTE cargo ship that was caught up in Hurricane Joaquin while sailing from Jacksonville, Fla. to San Juan, Puerto Rico.

Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a “discharge process” to reach the House floor for a vote.