FedEx to buy ShopRunner in quest for closer E-commerce ties
FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its…
Why the Aussie is booming amid a trade spat with China
Despite strained diplomatic ties, Australia’s relationship with its biggest trading partner is only set to strengthen.
US bans cotton imports from Xinjiang firm on ‘slave labor’
The Trump administration banned cotton imports from a military-linked Chinese firm it accuses of relying on “slave labor,” as the U.S. seeks to ramp up…
India’s trade deficit narrows in November on falling imports
India’s trade deficit narrowed last month as imports outpaced a drop in exports, amid lingering weakness in demand in an economy that’s entered a recession.
India’s angry farmers have reason to worry
The old system is crumbling and the government hasn’t offered up new assurances yet.
XPO to split logistics, trucking into separate companies
XPO Logistics Inc. is cleaving its trucking and logistics businesses into separate publicly traded companies, almost a year after saying it was looking for strategic…
Qantas to start repairing finances by June as local demand jumps
Qantas Airways Ltd. expects to start repairing its finances within months and said it’s upbeat about a recovery after a rebound in sales on the…
Boeing’s 737 Max comeback nears with United delivery, Gol flight
Boeing Co. is closing in on two key milestones in the comeback of its 737 Max, according to people familiar with the matter: the jet’s…
UPS restricts some packages from Nike, Gap amid online rush
United Parcel Service Inc. is temporarily restricting some packages it takes from big retailers such as Nike Inc., Gap Inc. and L.L. Bean Inc. as…
MSC GRI scope: Import Middle East/India Sub-Continent to the US
Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs.
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