UPS invests $50M in automotive, industrial logistics push
The carrier will launch time-definite services for heavy air freight to and from Mexico and has hired experts in high-priority segments.
The carrier will launch time-definite services for heavy air freight to and from Mexico and has hired experts in high-priority segments.
The coming legislation is part of a larger effort by Prime Minister Mark Carney to double non-US exports within the decade and boost supply chain resilience by investing in ports and curbing freight disruptions.
Shareholder rights law firm Hagens Berman said it is continuing an investigation into whether the intermodal provider “misled investors about having prepared its financial statements consistent with relevant accounting rules.”
Faster-than-expected results are easing early operational fears while shifting attention to decisions on accounting, tax and financial reporting issues.
Huge rail bottlenecks are being reported across the busy network, with carriers, forwarders and rail freight operators battling to keep cargo flowing as demand begins to build in an early start to peak season.
A Canadian bitcoin miner that faced customs delays bringing specialty cooling towers into the US from China alleges Zim and the Port of Houston charged unfair per-diem fees.
The Surface Transportation Board is now considering the updated materials, and both parties are asked to submit supplemental information by July 27.
In its last fiscal year, the beauty brand grappled with a roughly 55% tariff rate, which drove the need for price adjustments.
Rather than single objections against the proposed transcontinental railroad, time is the real threat to this deal, writes analyst Paul Tonsager.
The deal adds to other arrangements the agency has secured with Amazon and UPS as it looks to improve its financial outlook.