Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18 percent between February and May, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.

Averitt Express has added two weekly departures for less-than-containerload (LCL) service from China to Memphis, TN and Charleston, SC.

Schneider National has made two simultaneous acquisitions, of Watkins & Shepard and Lodeso.

Ryder System, Inc. has launched two new commercial vehicle-lease products.