However, the growth will still be enough to add about 680,000 TEUs of capacity, resulting in the world’s container fleet surpassing the 20 million-TEU mark.

Negotiations between the HNA Group and CWT’s controlling shareholder, C & P Holdings, follows an agreement in February to acquire California’s Ingram Micro and an April announcement it would buy Gategroup Holding and Carlson Hotels.

The United States regained market access for lamb and lamb product exports to Taiwan, after the island nation banned such products in 2003 following the first U.S. case of bovine spongiform encephalopathy, or “mad cow” disease.

Shipment volumes and expenditures in April 2016 grew 0.6 percent and 0.2 percent, respectively, compared with March, but both remained well below 2015 levels, according to the latest Cass Freight Index Report.

The asset-light transportation and logistics provider began offering expedited less-than-truckload freight service from Chicago to the metropolitan areas of Los Angeles, Atlanta and Dallas.

The Danish third-party logistics provider is emptying its bank accounts of British pounds to minimize currency risks associated with the United Kingdom’s potential exit from the European Union, according to a report from Reuters news service.

Sustainability Incubator and Trace Register will use the money to support a digital tool that makes it easier for seafood wholesalers to confirm fish hasn’t been caught or processed using unpaid labor, according to Partnership for Freedom.

Ocean carriers are coming around to the idea that being part of an alliance could save them money and help them offer shippers a greater variety of routes, something airlines have long known, according to Bloomberg Gadlfy columnist Chris Bryant.

The Railroad Emergency Services Preparedness, Operational Needs, and Safety Evaluation Act provides training and resources for emergency responders to handle potentially hazardous incidents, such as crude oil train derailments.

The South Korean ocean carrier’s results for the quarter were hindered by continuously falling freight rates and the imbalance of supply and demand.