The parcel and logistics giant expects its $1.8 billion acquisition of asset-light truckload brokerage and third-party logistics provider Coyote Logistics, completed during third quarter 2015, to create more than $100 million of synergies.

The third-party logistics provider reached an agreement with major cosmetics retailer Sephora to manage the inbound, warehousing, outbound and reverse logistics processes to its stores throughout Brazil.

Intellect Technologies will cooperate with Tokema International to give market entry and international sales services to Intellect’s carrier and 3PL customer base.

Both companies provide detailed international trade volume data, and executives say the combined company plans to create the most robust global trade information platform worldwide.

Ocean carriers Maersk Line and CMA CGM announced general rate increases.

Sparrows Point Terminal names VP of development and Kerry Logistics picks Europe managing director, while Troy Container Line appoints team leadership and The Nautical Institute taps COO.

Middle market buyout and growth equity investor Ridgemont Equity Partners will acquire and recapitalize the third-party logistics provider, according to a joint statement from the companies.

The Netherlands-based parcel carrier has made “substantial progress” toward clearing European regulatory hurdles related to its acquisition by FedEx Corp., according to CEO Tex Gunning.

The German ocean carrier, which is in midst of an initial public offering on the Frankfurt stock exchange, reiterated its revenue and earnings projections after competitor Maersk Line trimmed profit expectations Friday.

The express carrier is preparing to move upwards of 317 million shipments between Black Friday, Nov. 27, and Christmas Eve, a 12.4 percent year-over-year increase in seasonal volumes.