By telling customers up front that package delivery on its two- and three-day shipping services would take an extra day to deliver during the week of Christmas, UPS may have saved itself a huge headache this holiday season.

The investment firm set a target price of $182 per share for FedEx Corp., a premium of nearly 22 percent on the stock’s closing price yesterday.

The Jawaharlal Nehru Port Trust, which manages the Port of Jawaharlal Nehru in western India, broke ground on the development of an inland port in Jalna, India.

ASEAN member countries will officially launch a long-term plan this week to achieve regional economic integration within the next 10 years.

Although the port handled less containerized and conventional cargo in terms of tonnage for the first 11 months of 2015 compared to last year, it handled more oil and non-oil bulk cargo year-over-year.

The French ocean carrier says the 18,000-TEU ship Benjamin Franklin is the “future of container shipping,” but it has no immediate plans for deploying such large containerships in the transpacific trade.

The Department of Transportation is warning that companies are not following hazmat shipping requirements for this season’s popular toy and Customs is on the look out for hoverboards with counterfeit batteries.

Multiple labor groups are awaiting determinations from the National Labor Relations Board and an arbitrator on contract claims regarding a new APL service between Japan and Guam, according to Don Marcus, president of the Masters, Mates & Pilots union.

Ocean carrier members of the G6 Alliance are scheduled to skip a total of 10 sailings throughout February on Asia-North America and Asia-Europe loops.

Denmark-based consultancy SeaIntel’s measurement of scheduled ocean carrier arrivals found 85 percent of ships arrive on-time, though delays are still more common in the major east-west trade lanes.