As Sri Lanka's Colombo Port continues to expand its booming transshipment business in South Asia, the U.S. government has pledged a small investment of $17 million to help digitize terminal operations. The news came on the same day that state-owned China Merchants Port Holdings (CM Ports) announced its decision to abandon a far larger $350 million investment in a logistics hub for the growing harbor. Last week, U.S. Ambassador to Sri Lanka Eric Meyer toured the facility and announced an...