TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in support of the controversial takeover.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.
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The United States Chamber of Commerce says the next item on the nation's trade agenda should be a bilateral free trade agreement with Brazil.
FedEx Ground will locate a new 300,000-square-foot distribution facility at the site of the former Bethlehem Steel plant at Sparrows Point near Baltimore city.
The Asian regional economic consortium APEC is working to reduce tariffs on a basket of goods that can help slow climate change.