The Memphis-based integrator’s purchase of Laindon, U.K.-based last-mile delivery specialist P2P Mailing Ltd. is expected to complement and help expand FedEx’s e-commerce offerings, the company said in a statement.
UN blocks vessels as part of latest sanctions against North Korea
The United Nations Security Council designated 27 vessels for port bans, de-flagging, or asset freezes, and prohibited transactions with several shipping companies that have links to North Korea.
NAFTA trade growth accelerates in January
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 9.9 percent year-over-year to $87.96 billion for the month, according to the Bureau of Transportation Statistics (BTS).
U.S. airlines seek expanded access to Cuba
Several United States airlines awarded flights to Cuba in 2016 have since returned them, and now the Department of Transportation is seeking to reallocate those flights to other airlines that have applied.
China slaps tariffs on $3b worth of U.S. goods
China on Monday imposed duties on 128 different products from the United States in response to global tariffs issued by the U.S. on steel and aluminum in March.
Port of NY/NJ container volumes on pace to surpass record 2017
The largest port on the U.S. East Coast set yet another monthly record in February, handling 521,921 TEUs after hitting a new January high a month ago, according to the most recent data from the Port Authority of New York and New Jersey (PANYNJ).
Shares Drop at Hudson’s Bay After Credit Card Info Stolen at Saks, Lord & Taylor stores
Another retail security breach.
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Pop-In@Nordstrom Welcomes Allbirds as Latest Partner
Nordstrom’s newest partner.
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USTR releases annual trade report
The U.S. Trade Representative released its 504-page 2018 National Trade Estimate on Foreign Trade Barriers report, documenting foreign trade and investment barriers over the past year.