The U.S. Coast Guard is coordinating with the New York Air National Guard and the Canadian and Portuguese Coast Guards following an explosion and fire on an international bulk carrier 1,300 miles offshore Cape Cod, according to a statement from the USCG.

Kempten, Germany-based global logistics provider Dachser said the acquisition allows it to expand and strengthen its logistics network throughout northwestern Europe.

The Hellenic Republic Asset Development Fund said a consortium comprising Deutsche Investment Equity Partners, Belterra Investments, and Terminal Link submitted an improved financial offer for a majority stake in the Greek port.

The eastbound lane at Gatun locks will tentatively close for 10 days in May for dry chamber work.

MacroPoint announced its partnership with API provider Banyan, while FourKites unveiled its enhanced integration with supply chain software provider JDA.

The European Investment Bank and Netherlands-based ABN AMRO have agreed to provide 150 million euros (U.S. $162.8 million) to support investments that aim to make the European shipping fleet more environmentally sustainable.

Aggregate spot container freight pricing on eight major east-west trades between the United States, Europe and Asia are up 102 percent from the same time last year, according to maritime consultant Drewry’s latest World Container Index report.

New President and CEO E. Hunter Harrison is wasting no time in getting up to speed at CSX, projecting 25 percent year-over-year EPS growth for 2017, increasing quarterly shareholder dividends and instituting a new $1 billion share repurchase program.

Kansas City Southern’s net income jumped 38.9 percent to $149.6 million for the quarter on revenues that grew 8.3 percent to $610 million compared with the same 2016 period, according to the company’s most recent financial statements.

The e-commerce provider will offer next-day delivery in Santiago and other major Chilean cities, with two-to-three-day delivery services across the rest of the country.