Trump Waives Jones Act for Puerto Rico, Easing Hurricane Aid Shipments

The Trump administration said on Thursday that it would temporarily waive a century-old shipping law for Puerto Rico that officials there said was hindering disaster relief efforts after Hurricane Maria. The waiver of the law, known as the Jones Act, comes as federal and local officials report more supplies trickling onto the increasingly desperate island.

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San Francisco Residential Moving Solutions

When you are moving from your San Francisco home, the size
of your household or the distance of your move doesn’t matter. It is still an
overwhelming experience, so you should find a team of experienced San Francisco residential movers
to make your life easier! At Metropolitan Van & Storage, we…

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Alibaba buys controlling interest in Cainiao logistics network

China-based e-commerce giant Alibaba Group has taken control of struggling logistics network Cainiao with an investment of 5.3 billion yuan (US$807 million) in a move to dramatically increase its international reach. The investment, once completed, will increase Alibaba’s stake in the logistics network from 47 percent to 51 percent and brings the estimated valuation of Cainiao to about $20 billion, according to Reuters.

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Pan Am Railways, Port Saint John to offer new intermodal service

Pan Am Railways and DP World have agreed to form a new direct intermodal service connecting the Boston market to Port Saint John in New Brunswick, Canada. The new agreement provides a “viable alternative” to customers in the New England area, said officials representing DP World, the port's terminal operator. Port Saint John provides connections to more than 500 international destinations.

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Car carrier to pay $21m penalty over price-fixing

Hoegh Autoliners has made a settlement with the US Department of Justice, regarding accusations over price-fixing. According to sources, the Norwegian company is to pay a fine of USD21 million to Middle East exports for illicit actions against competition.

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