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The Commerce and Treasury departments have announced regulations that pave the way for certain U.S. exporters, carriers and logistics services providers to set up operations in Cuba.
The parcel and logistics giant will offer direct access to its global service network, customs brokerage and management services to customers in the Jiangsu, Shandong, Zhejiang, Guangdong provinces, and the Chongqing Municipality.
Just prior to announcing the board of TNT Express had approved its sale to FedEx, the company issued an investor alert warning shareholders that third quarter 2015 profits would be “materially lower” than in the third quarter of 2014.
The Federal Aviation Administration will provide a $27 million grant to help the City of Williston, N.D., buy land for a new airport to replace Sloulin Field International Airport.
Brightstar Group and Unik Toyz Trading, both based out of Los Angeles, Calif., agreed in federal court to cease their imports of hazardous children's toys.
Data from shipment management software provider CargoSmart finds CKYHE carriers saw no transpacific vessels calls at four key U.S. ports delayed by more than 12 hours, outperforming the other major alliances.