FASA

The New York-based provider of local delivery fulfillment solutions for businesses has raised a total of $14.5 million in finding since 2015.

The Danish port will launch an environmental impact assessment process, which is expected to commence in early Autumn, to look into the possibilities of further expanding the port with up to 975,000 square meters.

The Hong Kong-based logistics provider is now offering a less-than-containerload (LCL) rail freight service between Duisburg, Germany and Shanghai.

The German grocer will open four more store locations as well as a fourth regional headquarters and distribution center, according to multiple news sources.

As part of the public-private partnership known as the Alaska AeroNexus Alliance, six formal bids for commercial and financial development projects have been submitted to the Alaska airport for review.

The top three commercial issues facing shipping and transportation companies today are continued excess capacity, rising fuel costs, and “irrational” rate competition behavior, according to Michael Bentley, partner at Revenue Analytics.

The latest deployment of U.S. Customs and Border Protection’s Automated Commercial Environment (ACE), originally scheduled for July 8, will include liquidation, reconciliation, drawback, duty deferral, collections and the Automated Surety Interface (ASI).

The world’s biggest container line has been impacted by an apparent ransomware attack that brought down its global IT systems, affecting the company’s liner shipping and terminal operations.

The Taiwanese carrier is asking for time to study the feasibility of opening the remaining rounds of issuance to current shareholders as well, instead of just select investors only, which it says could take some time to complete.

The U.S. House of Representatives on Monday passed two separate bills in an effort make it easier for qualified military veterans to obtain their commercial driver’s licenses.