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.

The six-month stop-gap funding measure, approved by the House and Senate earlier in the week, buys Congress until March 2016 to negotiate a long-term Federal Aviation Administration bill.

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 Danish ocean carrier will alter its ME2 and ME3 loops between the Mediterranean and the Middle East and Indian Subcontinent this month.

Costs of stores such as lube oil fell the most, but crew costs were also lower in 2014 compared to previous years, according to a new report from the accounting and consulting firm.

No reasons was given for NYK’s decision, but industry officials say it is tough for carriers to make money in the north-south trade lanes today.

Ocean carrier CMA CGM’s 18,000-TEU containership, the CMA CGM Bougainville, became the first ship in the world to implement TRAXENS’ technology, which monitors and tracks containers throughout their transport.

The Hamburg-based logistics provider and terminal operator will boost the efficiency and capacity of the Port of Hamburg’s Container Terminal Burchardkai by adding four additional automated storage blocks at the terminal.

The Icelandic liner carrier will add calls in Denmark, Sweden and Poland to its Gray Line loop, which currently operates between the Faroe Islands and Scotland.

Skylink became the carrier’s ground handler at Amsterdam Airport Schiphol Aug. 1.