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Federal Maritime Commission | November 24, 2020
The Federal Maritime Commission is extending the extent of its reality discovering mission identified with framework challenges originating from the Covid pandemic to include ocean transporter confinement and demurrage, holder return and compartment accessibility for U.S. export, the organization declared Friday.
The move comes after discussions the agency had with stakeholders who communicated worries about the development of compartments through port offices and practices that w...
UPS | January 25, 2021
UPS, has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.
“We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business ...
PR Newswire | April 16, 2020
The "Coronavirus Outbreak: Impact on Complex Global Supply Chains and Beyond" report has been added to ResearchAndMarkets.com's offering. As coronavirus continues to spread globally, it is becoming clear that the economic backlash of the outbreak will be colossal. The world economy is more globalized than ever and as a result, the spread of the virus and the measures taken to contain it have become highly disruptive to fragile global supply chains. This case study explores how the ...
Amazon | September 04, 2020
The Federal Aviation Administration has granted Amazon Prime Air a Part 135 exemption in the form of a standard operating certificate, which allows the company to begin drone delivery within a test range, according to documents from the agency and confirmation from the retailer. Amazon said it estimated the test would initially involve 10 houses, according to the exemption. It did not provide details on where these homes would be located. Prime Air has development centers in the United States, t...
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