FASA

The industry analyst said it believes Maersk Line and CMA CGM are “frontrunners” in acquiring the German carrier.

The heating, air-conditioning and refrigeration solutions provider said it is backing off plans to shift production from a plant in Indiana to Mexico after striking a deal with President-elect Donald Trump and the state of Indiana.

Crowley Logistics Inc. has been awarded a multi-year contract by the U.S. Transportation Command to provide transportation and related services supporting U.S. Department of Defense activities in the U.S. and Canada.

Port workers in Brazil are expected to begin a 24-hour strike today, according to a report from Reuters news service.

The Prologis Oakland Global Logistics Center, a new warehouse complex being constructed on a former military installation, adjacent to both the Port of Oakland and the San Francisco-Oakland Bay Bridge.

The International Longshoremen’s Association said collective bargaining issues will be discussed at the informal meetings in Delray Beach, Fla. from Feb. 13-16, and locals from Maine to Texas are invited to participate.

Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.

The countries of Dominica and Mongolia have become the latest members to ratify the World Trade Organization’s Trade Facilitation Agreement, the global trade body said in a statement.

Mitsui O.S.K. Lines, Ltd. (MOL) has teamed up with Mitsui & Co., Ltd. and AKOFS Offshore AS to purchase a subsea support vessel through a new joint venture company, Avium Subsea AS.

German bank and shipping financier HSH Nordbank is holding discussions in London with the Bank of China, as well as global investment groups Apollo and Lone Star, about a potential sale, according to a report from Reuters news service.