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The cargo division of Qatar Airways will introduce the first 747 freighter to its fleet Aug. 1.
The parcel giant's acquisition of Chicago-based freight brokerage is intended to leverage Coyote's freight optimization technology and network of 35,000 carriers and 12,000 customers.
The neutral cloud-based platform Freightview was incubated at Kansas freight broker Freightquote, which C.H. Robinson bought in late 2014 to bolster its small shipper customer base.
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 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.