The new cooperative, dubbed the Open Choice Equipment Agreement – Northeast (OCEA-N) will be a port-wide gray chassis pool servicing major cargo, freight and equipment handling facilities, the chassis providers said in a joint statement.

Japanese ocean carrier MOL and U.K.-based engineering company Rolls-Royce Marine will work together to create an Intelligent Awareness System (IAS) for autonomous ocean vessel navigation.

The combined air and last-mile cargo service is aimed at retailers and e-commerce brands in North America for the shipment of bulky technology and sports equipment products, according to a statement from third-party provider SEKO Logistics.

The enterprise value of the acquisition of competitor Rapp Marine Group, which is expected to close during the first quarter of 2018, is about $19 million, according to MacGregor.

Bharat Mumbai Container Terminals (BMCT) and Container Corporation of India (Concor) have signed a memorandum of understanding for dedicated container trains in an effort to consolidate multimodal transport.

Singapore-based industrial real estate firm Global Logistics Properties (GLP) says it intends to retain Gazely’s existing management team and brand name.

The European transport and logistics provider now has a total of 100 new rail wagons to transport Huckepack trailers, as well as containers of all types.

In a rather unusual move, the U.S. Commerce Department proceeded with recommending antidumping and countervailing duties for Canadian-built 100- to 150-seat commercial aircraft, despite the fact that they have yet to be delivered to Delta Air Lines.

The parcel giant reported a net income of $755 million for the second quarter of its fiscal 2018 year, compared to $700 million during the same period last year, on revenues that jumped 9.4 percent year-over-year to $16.3 billion.

The adjoining Los Angeles and Long Beach ports recorded a combined increase in containerized cargo of 1.2 percent, while a decline of 6.5 percent was posted at the Northwest Seaport Alliance ports of Seattle and Tacoma.