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The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The German carrier will add a call to Halmstad on its SDX service, which operates between Germany, Sweden and Denmark.
Analysts have lauded the decision to let Coyote operate as it has in the past, as the $1.8 billion deal gives UPS significant access to the truckload market, which was previously a void in its portfolio.