U.S. Commerce Secretary Penny Pritzker, who arrived in Cuba on Tuesday, will co-chair a regulatory dialogue with government officials from the long-embargoed Caribbean nation.
Haven adds airfreight to online marketplace
The tech startup’s freight procurement marketplace previously only included capacity from ocean carriers, but the company has successfully pilot tested air cargo procurement as well.
NileDutch joins Turkon’s Med-USA service
Turkon Line’s Med-USA loop will add NileDutch to the Mediterranean portion of the string and add a call at Tangier to the port rotation.
ORBCOMM acquires WAM to complete reefer asset tracking set
The internet of things solutions provider ORBCOMM will use WAM’s installed based of shipping lines and produce companies to add reefer container tracking to similar capabilities for other equipment types.
FedEx stock ticks up after rating upgrade
Investment bank Stifel Nicolaus upgraded its rating of FedEx Corp.’s stock to “buy” Monday, causing share value on Tuesday to increase over 1 percent from the previous day’s closing price.
ATA: Truck driver shortage could reach 175,000 by 2024
The trucking industry will need to hire 890,000 new drivers, an average of 89,000 per year, in order to keep pace with demand, according to a new report from the American Trucking Associations.
DB Schenker launches North Europe rail connection
The logistics provider launched a new rail connection between Germany and the Netherlands Wednesday.
Roadrunner adds outbound service from Toronto
The less-than-truckload provider added an outbound LTL service from Toronto, Ontario and appointed John Geertsema as General Manager for Canada.
TQL opens office in Daytona Beach, Fla.
The Cincinnati, Ohio-based transportation and logistics firm opened an office in Daytona Beach, Fla. last week.
Executive Moves: Kewill, Polaris Transportation and C.H. Robinson
Kewill and Polaris Transportation make chief executive changes, while C.H. Robinson appoints Europe, Asia trade route development directors.