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The forwarder introduced a daily cargo flight between the Cincinnati/Northern Kentucky International Airport and the Detroit Metropolitan Airport, with a stop at the Minneapolis-St. Paul International Airport.
European regulators may seek concessions from FedEx such as asset sales as part of its deal to acquire TNT Express, according to multiple media reports.
In addition, the express delivery company shortened its European road transit times to and from Moscow up to 48 hours by connecting Russia via its its Warsaw, Poland hub.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. Export-Import Bank.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.