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REFILE-UPDATE 1-Denmark's DSV to buy UTi for $1.35 bln to boost global reach

2015-10-10 09:24:36| Logistics - Topix.net

Danish transport and logistics group DSV is buying UTi Worldwide in a deal that values the U.S.-based rival at $1.35 billion, saying the deal offered to give it greater global reach as well as opportunities for synergies and cost savings. Shares in DSV, which had held abortive takeover talks with UTi last year, rose as much as 6.7 percent to a record 270.4 Danish crowns.

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Cattle futures and outside markets boost cattle prices

2015-10-10 04:36:00| Beef

Calf and feeder prices finally reversed course this week. From mid-week onwardthanks to a rally in cattle futures--calves traded firm to $5 per cwt higher (instances of $10 higher) and yearlings brought $3-$10 more, according to the Agricultural Marketing Service (AMS). It seems too early to determine if a change in the market has found its bearings. The sharp move higher in cattle futures came without any positive news in the cattle markets or meat trade, say AMS analysts. read more

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Russia hopes for Grand Prix boost

2015-10-09 23:30:08| BBC News | Business | UK Edition

Russia will take the Formula 1 centre stage this weekend in Sochi, and race organisers hope it can boost tourism and also fuel interest in motorsport.

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Fuel prices fall, but FedEx, UPS boost surcharges

2015-10-07 09:32:40| Trucking - Topix.net

FedEx Corp. is raising its fuel surcharge for the second time this year, jolting e-commerce companies, retailers and other shippers with price increases as they gear up for the make-or-break holiday sales season. The latest increase, which takes effect Nov. 2, is catching customers off guard because the company's fuel costs have been falling.

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Fuel prices fall, but FedEx, UPS boost surcharges

2015-10-07 09:17:27| Air Courier - Topix.net

FedEx Corp. is raising its fuel surcharge for the second time this year, jolting e-commerce companies, retailers and other shippers with price increases as they gear up for the make-or-break holiday sales season. The latest increase, which takes effect Nov. 2, is catching customers off guard because the company's fuel costs have been falling.

Tags: prices fall ups fuel

 

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