FASA

Three previous chief operating officers at the Federal Aviation Administration (FAA) have expressed their support for President Donald Trump’s proposal to shift the air traffic control function of the FAA to a self-financing, non-profit organization.

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.

Michael Zucchet, a former member of the San Diego City Council who resigned after being convicted of wire fraud and extortion, has been sworn in to the San Diego Board of Port Commissioners.

Over 250 members of Congress have written a letter to House Ways & Means Chairman Kevin Brady calling for a long-term fix to the Highway Trust Fund, which serves as the primary federal funding mechanism for road and bridge infrastructure.

Ports covered by the Global Port Tracker handled 1.61 million TEUs in April 2017, the latest month for which after-the-fact numbers are available, a 4.8 percent increase from the previous month and 11.3 percent jump from the same 2016 period.

The European Union’s competition watchdog opened formal investigations into the licensing and distribution practices of Nike, Sanrio and Universal Studios as they relate to cross-border e-commerce within the EU single market.

The Silicon Valley-based trucking applications technology provider has already raised $21.5 million from Renren and Wicklow Capital of Chicago, among others, and is currently talking with investors about a Series B funding round.

Oregon’s Port of Portland is selling about 19 acres of land for $5.24 million to the Clayco real estate development group, which plans to build a 344,000-square-foot facility on the site.

Irvine, Calif.-based temperature-controlled warehousing and logistics company Lineage Logistics has acquired Partner Logistics, a Netherlands-based provider of automated warehousing and frozen storage solutions.