FASA

The second-phase of expansion at the Virginia International Gateway container terminal will soon commence now that the Virginia Port Authority has secured a long-term commitment to operate the facility.

Recent speculations the Japanese container line might file for bankruptcy protection are “completely groundless,” according to Kiyoshi Tokonami, general manager of the company’s Investor and Public Relations Group.

The nation’s largest brick and mortar retailer said it has completed its $3 billion acquisition of Jet.com, which it plans to use to expand its growing e-commerce business.

The global real estate services firm has been named the exclusive leasing agent for a 244,000-square-foot warehouse in Jacksonville’s Southside submarket.

The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.

The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.

Meanwhile, the Port of Oakland said the softening of the U.S. dollar has resulted in an increase in the port’s loaded export volumes, which rose 8.8 percent year-over-year for the first eight months of 2016.

The second-phase of expansion at the Virginia International Gateway container terminal will soon commence now that the Virginia Port Authority has secured a long-term commitment to operate the facility.

The association, which represents independent truck drivers, said Congress should not mandate the devices on commercial vehicles, and instead let the regulatory process play out.