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EU antitrust regulators said Kuehne + Nagel, Express Interfracht, and Schenker operated as a cartel, fixing prices on their joint "Balkantrain" and "Soptrain" services in Europe from July 2004 to June 2012.
Spot rates as measured by the Shanghai Containerized Freight Index dropped 10.9 percent this week after falling 10.7 percent the previous week.
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.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.