FASA

Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.

A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.

Rates from Asia to Northwest Europe and the Mediterranean have dropped for the past five consecutive weeks.

Non-asset based freight brokerage and transportation management service provider Echo Global Logistics set a fourth quarter record for total revenues as it continued to expand its market share.

The plummeting dry bulk rates are being blamed on an imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last fall.

XPO Logistics Inc. continued to implement its cost cutting plan at the former Con-way Inc., closing freight terminals in what it described as “remote” locations.

The Overland Park, Kan.-based less-than-truckload holding company more than doubled its full-year operating income in 2015, despite a $28.7 million settlement charge that resulted in a net loss for the fourth quarter.

The Danish supply chain specialist has begun a review of “synergies” and “redundancies” following the close of its $1.35 billion acquisition of struggling third-party logistics provider UTi Worldwide.

The logistics provider and container terminal operator primarily attributed the declines in revenues and EBIT to the economic crisis in Russia and the Ukraine, the slowdown in economic growth in China and ongoing restrictions in the area of infrastruct…

The Commerce Department has initiated antidumping and countervailing duty investigations into imports off-the-road tires from China, India and Sri Lanka.