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Acquiring Greensboro, N.C.-based M33, which specializes in logistics for the packaging, chemical and advanced materials sectors, will expand Transplace’s reach into other sectors and geographical regions.
A lawsuit from Canadian National Railway accuses a former employee of sharing confidential client information with rival railroad Canadian Pacific, according to multiple media reports.
The six-month stop-gap funding measure, approved by the House and Senate earlier in the week, buys Congress until March 2016 to negotiate a long-term Federal Aviation Administration bill.
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.