Just in time for the holiday season, UPS (NYSE: UPS) and Shopify Inc. (NYSE: SHOP) (TSX: SHOP), are unveiling a platform integration that make UPS’s premium services available to small businesses. Shopify’s hundreds of thousands of small U.S. businesses will now receive competitive, pre-negotiated domestic and international rates that save on list prices, along with […]
MEMPHIS, Tenn.— FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX), announced it has entered into a purchase agreement with Textron Aviation, Inc., a Textron Inc. (NYSE: TXT) company, that will continue the modernization of the company’s fleet of feeder aircraft. FedEx Express has agreed to purchase 50 clean-sheet design Cessna SkyCourier 408 aircraft, […]
Union Pacific will increase the maximum track speed limit from 30 to 49 mph on the rail line running parallel to 2nd Avenue in Heron Lake, Minnesota. Train speeds at the 9th Street crossing will increase in weekly five mph increments beginning Nov. 27 until reaching the 49 mph speed limit on Dec. 18. A […]
UPS (NYSE: UPS) has announced aggressive new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. The goals, available in the company’s 2016 Corporate Sustainability Report, support UPS’s commitment to reduce its absolute greenhouse gas (GHG) emissions from global ground operations 12 […]
On Tuesday, Secretary of Commerce Penny Pritzker joined U.S. and Mexican government leaders in Brownsville, Texas, at a ceremony to inaugurate the West Rail Bypass International Bridge, the first new international rail crossing between the United States and Mexico since 1910. During her remarks, Secretary Pritzker highlighted the deep and growing commercial partnership between our […]
WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) and Federal Transit Administration (FTA) today announced the grant recipients who will receive $197 million in competitive grant funding to help commuter and intercity passenger railroads meet the December 31, 2018 deadline to implement Positive Train Control (PTC) systems to improve safety. The $197 million […]
Baltimoreans and visitors to the city can now access new cars on demand for hourly or daily rates through Maven’s seamless mobile app. Maven, General Motors’ personal mobility brand, is expanding its offerings in Baltimore from the Lyft Express Drive program to now include Maven City car sharing. In 14 months, Maven has launched three […]
UPS (NYSE: UPS) has announced the purchase of Freightex, a U.K.-based asset-light provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services. The acquisition immediately establishes UPS’s presence in the growing U.K. and European third-party logistics (3PL) over-the-road brokerage transportation market and launches a new global and regional UPS growth platform from an established base of […]
MEMPHIS, Tenn., and DEERFIELD, Ill., FedEx Corp. and Walgreen Co., one of the nation’s largest drugstore chains, announced a long-term alliance agreement that will offer convenient access to FedEx dropoff and pickup services at thousands of Walgreens locations across the United States beginning within the next several months. “Walgreens, with its strong focus on customer […]
Union Pacific has announced acquisition of Railex LLC’s refrigerated and cold storage distribution assets in Delano, California; Wallula, Washington; and Rotterdam, New York. Acquisition does not include Railex Wine Services LLC. Railex, a refrigerated rail service and third-party logistics leader, plays a key role in Union Pacific’s Food Network transporting fruits, vegetables and other temperature-sensitive […]
