Singapore-listed logistics property developer GLP has made its second multi-billion dollar investment this month, acquiring a $4.55 billion U.S. logistics portfolio from Industrial Income Trust a week after leading a consortium of investors in establishing a $7 billion China-focused infrastructure fund.

If U.S. shippers feel less pain when it comes time to pay freight bills this year, they can thank the worldwide oil glut. With the third quarter under way, the very significant impact of the collapse in oil and fuel prices over the past year on U.S. freight transportation is clear.

Airlines flying cargo between China and Europe will be hit hardest by Beijing’s One Belt, One Road trade strategy as the land bridge rail route proves too attractively priced to ignore, believes Steve Flowers, head of global freight forwarding at UPS.

The Port of Townsville is set to receive a $403 million berth upgrade that will allow the northeastern Australian port to handle Panamax vessels, highlighting the movement of the majority of Australia’s trade from its southern to its northern ports.

Finnlines posted its best second quarter result in a decade as cost cuts offset the impact of a flat Baltic short-sea shipping market.

Russia aims to septuple container volume through Crimean ports by spending more than $100 million on terminals and reducing tariffs on shipments to the region that has been a geopolitical flashpoint since its annexation.

ANA Holdings Inc. saw its group net profit more than double year-over-year in the first quarter of fiscal 2015, which started in April, despite weaker revenue from cargo operations.

All of the major public ports in India will soon set up a green channel for the clearance of coastal cargo, another initiative by the Narendra Modi-led government to reduce supply chain bottlenecks.

California’s Freight Advisory Committee met Tuesday in Sacramento to begin the process of implementing Gov. Jerry Brown’s executive order to develop a statewide sustainable freight policy that will transition ports, motor carriers, railroads and other transportation modes toward zero emissions.

Swift Transportation last year led the trucking industry in raising driver pay, and that pay raise, however costly, is paying off handsomely for the largest U.S. truckload carrier as driver retention improves and profits rise 27 percent from a year ago.

Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.

Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution for $35 million, continuing the buying spree it embarked on in 2013 as merger and acquisition activity dominates the transportation and logistics industries.