The latest reverse stock split by DryShips Inc., which is currently under investigation for securities fraud, takes effect on July 21, the same day the company’s common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market.

The updated Clean Air Action Plan includes near- and long-term strategies grouped into four categories: Freight Efficiency; Energy Resource Planning; Freight Infrastructure Investment & Planning; and Clean Vehicles, Equipment Technology & Fuels.

In its fiscal year that ran from July 2016 to June 2017, South Caroline Ports Authority handled 2.14 million TEUs an increase of 10 percent from the previous fiscal year and an all-time high for the port.

U.S. Magistrate Judge Dave Lee Brannon ruled that Shipping and Transit’s litigation fit the definition of a “nuisance” lawsuit, under which the plaintiff filed multiple suits against a large and diverse group of defendants hoping that each would settle.

The investor group, known as Nesta Investment Holdings Ltd., will pay $2.47 per share for Global Logistics Properties, about $11.7 billion total, one of the biggest-ever private equity buyouts of an Asian company by enterprise value.

U.K. Transportation Secretary Chris Grayling said that the vote was again being pushed back due to the timing of the country’s recent national general election vote.

Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.

Airfreight shipments in June increased 13 percent at Heathrow, 4.7 percent at Frankfurt and growth ranged from 18.7 percent to 7.9 percent in Slovenian and Bulgarian airports, according to Air Cargo Week.

Cotton exports to the Middle East and Asia have catapulted the 2016-2017 marketing year ahead by 70 percent over than the year prior, according to the latest USDA “Cotton: Markets and Trade” report.

The new facility features temperature-controlled storage areas as well as a vehicle yard to storage, inspections and customs procedures, according to third-party provider Yusen Logistics.