FASA

Management at the top-5 freight brokerage told Stifel that the complexity of the truckload market will make it difficult for Uber-like platforms to disrupt the freight brokerage market.

Cargo vessels calling ports along the Great Lakes-Seaway system are scrambling to finish their pick-ups and deliveries before the St. Lawrence Seaway, which connects the Atlantic to the Great Lakes, closes Dec. 30 for the winter.

Jacksonville-based railroad will switch from the New York Stock Exchange to Nasdaq’s Global Select Market to align with where trading activity is already taking place.

The two airlines plan to expand their partnership to include cargo cooperation on routes between the United States and Europe.

The Chengdu-Europe express railway service, which opened in April 2013, German cars could move to China using the overland route is expected to bring cars from Germany to Chengdu in the future.

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced the adoption of a final rule requiring the use of ELDs across the trucking and bus industries.

Canadian Pacific shareholder and activist investor Bill Ackman of Pershing Square Capital Management said the rival railway’s resistance to CP’s takeover bid is “reasonably likely” to result in a proxy battle.

U.S. Chamber of Commerce names executive director of transportation infrastructure, while Intelligrated appoints general director of China operations.

A deal that would combine China’s two largest container shipping companies could come as soon as Friday, according to multiple media reports.