M&A in third-party logistics continues at a high rate. PLS Logistics Services announced it has acquired freight broker D&L Transport.

CEO Tim Strauss and Amerijet’s board kiss and make up. He will continue to run the company.

“With GCP as a partner, their strategic connections will allow us to build the technology that our FDPs are craving,” says the FRONTDoor Collective COO.

The American President Line is a “descendant” of several other companies. Read about the Pacific Mail Steamship Co. in this FreightWaves Classics article.

Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.