DSV knocked the unions’ preferred bidder, private equity firm CVC Capital Partners, out of the race but the forwarder’s bid now needs approval from the German parliament.
A soft freight economy and improved shipper scheduling and loading procedures are contributing to a decline in driver detention time, the American Transportation Research Institute says in a new study.
The report aims to bolster the case for heightened cyber-security efforts at US ports, which the congressmen who authored the report say are vulnerable to Chinese espionage.