The collision resulted in 32 missing sailors and a potentially devastating oil slick, BBC reported.

The U.S. trade deficit surpassed analyst expectations in November, rising 3.2 percent month-over-month to $50.5 billion, according to the U.S. Commerce Department.

CH Powell Company, a logistics provider headquartered in Massachusetts, has acquired The Irwin Brown Company, a New Orleans-based licensed customs brokerage and international freight forwarding firm.

A new report from real estate management and research firm JLL revealed that 4.6 million square feet of industrial space is under development across Houston, the Houston Chronicle reported.

SkyBridge Arizona, which will be the nation’s first international air cargo hub to house both Mexican and United States customs, will operate out of the Phoenix-Mesa Gateway Airport.

Known as a “bomb” cyclone, winter storm Grayson has caused delays and closures for shippers and carriers all along the Eastern seaboard as ice, snow and wind could prevent operations from resuming until Saturday at the latest.

Marine transportation and logistics provider is loading hundreds of utility trucks at the Port of Virginia in Norfolk and the Port of Lake Charles in Louisiana that are scheduled to arrive in Puerto Rico between Jan. 16 and Jan. 18.

The merger forms an intermodal drayage operation with over 1,300 power units in most key markets east of the Rockies, according to a joint statement from the newly combined firms.

In the department’s annual inflationary adjustment of its civil monetary penalty amounts for 2018, Commerce is hiking the statutory maximum for certain environmental violations, as well as violations of the Lacey Act and foreign trade zone statutes.

Mehmet Hakan Atilla, a senior banker at Halk Bank in Turkey, was convicted on five charges of conspiracy for inaccurately reporting humanitarian shipments to Iran to hide gold and currency supply to Iranian government.