Polar Air Cargo, along with Polar Air Cargo Worldwide and Atlas Air Worldwide Holdings, has entered into a $100 million settlement agreement in a U.S. antitrust class action lawsuit.

Rates from Shanghai to Northwest Europe tumbled 24.4 percent since last Thursday.

Ocean carrier ZIM, along with CMA CGM and its subsidiary line Delmas, joined the CKYHE Alliance’s AUE/AWE8 between Asia and the United States East Coast loop as slot purchasers.

The U.S. Federal Motor Carrier Safety Administration on Thursday said Land-Air Express of New England has corrected its safety deficiencies and is now allowed back on the road.

The Ocean3 Alliance, comprised of ocean carriers CMA CGM, CSCL and UASC, will remove an eastbound Yantian call from its FAL1 service in favor of an eastbound call at Shanghai.

The United States on Thursday reached an agreement with South African government to allow for the entry of most U.S. exports of poultry, pork and beef.

The Federal Aviation Administration has proposed a $417,500 civil penalty against FedEx for allegedly operating a plane that was not in compliance with federal aviation rules.

Canadian National Railway Company said it will use the proceeds for general corporate purposes, including the redemption and refinancing of outstanding debt, share repurchases, acquisitions, and other business opportunities.

Rafi Danieli, chief executive of ZIM Integrated Shipping Services Ltd., will continue to serve in his role until a replacement has been found and as an advisor to the Israeli ocean carrier following the appointment of a new CEO.

The year-over-year surge in iron ore loadings at Canadian ports in 2015 was not enough to offset the decline in loadings at U.S. ports.