The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and Chief Executive Frederick Smith said.

ZIM Integrated Shipping Services and Avvashya-CCI, a subsidiary of Allcargo Logistics Limited, India, have signed a cooperation agreement aimed at providing customers with comprehensive logistics services in India, according to the companies.

In a move similar to UPS and its access point location program launched two years ago, FedEx has struck a deal with Walgreens that will place staffed parcel pickup and drop-off operations at local Walgreens stores.

To help shippers avoid extra fees and charges due to the "linear foot rule," FreightorGator, a Kansas City-based less-than-truckload (LTL) freight exchange, has released a free linear footage calculator tool on the company's website.

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.

Although rates have risen from the historic lows of early 2016, uncertainty for the global container shipping market in 2017 will be uncertain, according to Xeneta, a company that provides market intelligence platform for containerized ocean freight.