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European regulators may seek concessions from FedEx such as asset sales as part of its deal to acquire TNT Express, according to multiple media reports.
The Japanese liner company signed a joint-venture agreement this week with Intermodal S.A. to establish NYK Auto Logistics Colombia S.A.S. at the Port of Cartagena, Colombia.
The parcel and logistics giant opened a new contract logistics facility in North Warwickshire, situated in the Midlands region of the United Kingdom.
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.