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Cathay Pacific Cargo and Emirates SkyCargo announced they will both add one additional flight to Ohio's cargo-dedicated Rickenbacker International Airport in October.
General Electric is bidding on $11 billion in power projects that received a line of credit from the French export credit agency and may result in more than 500 U.S. jobs going overseas.
The ocean carrier will take delivery of two 3,600-TEU containerships from Aker Philadelphia Shipyard Inc. that are currently expected to be delivered in the third and fourth quarters of 2018.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.