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Trade Promotion Authority, a bill that grants the president authority to conclude trade deals without congressional interference, moved forward in the Senate Thursday morning.
The $1.2 billion acquisition will significantly diversify the Japanese forwarder's service portfolio.
Australia’s Supreme Court of Victoria on Thursday approved the arrangement under which Japan Post Co. will acquire all of the shares in Toll Holdings.
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.