UPS to sell trucking unit under CEO’s ‘better-not-bigger’ pledge
United Parcel Service Inc. agreed to sell its short-haul trucking business for $800 million, the first substantial move in the ...
Tag: Bloomberg
KLM to cut as many as 1,000 jobs as travel recovery hopes fade
Air France-KLM’s Dutch arm is cutting as many as 1,000 jobs on top of 5,000 shed last year in a ...
FedEx to cut up to 6,300 jobs in Europe on TNT integration
FedEx is planning to slash as many as 6,300 jobs in Europe as the courier completes the process of combining ...
Brexit surcharge spoils UK exporters’ virus workaround
Brexit is driving up the cost to export U.K. goods using an air-freight method that British companies have relied on ...
Manufacturers group says cabinet should consider removing Trump
U.S. business leaders denounced Donald Trump for inciting supporters who mobbed the U.S. Capitol, with the head of the National ...
Stores get late boost as in-person shoppers dodge package logjam
Extensive delays at the U.S. Postal Service have pushed millions of Americans to do the one thing they swore they ...
Israeli drone startup Flytrex takes to US skies
Three years after launching his drone startup, Flytrex, Yariv Bash made a pivot. What started in 2013 as a supplier ...
Europe’s plan to keep planes flying if there’s no Brexit deal
The European Union will publish contingency measures this week to keep flights in the air and trucks on the road ...
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