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Parcel giant will begin offering express delivery, contract logistics and freight forwarding services in the Southeast Asian nation.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Move opens the door for full establishment of diplomatic relations and business opportunities between the United States and Cuba.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.