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UPS Capital's acquisition of the logistics arm of global integrated security company G4S is its second recent purchase in the high-value cargo logistics sector.
The aircraft manufacturer said “continued economic expansion” will require the global airline industry to hire about 28,000 new pilots annually.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.