shipping

The government of Nicaragua is paying two Dutch companies about $750,000 to study the feasability of building a canal — a canal that would rival the Panama Canal and create another link from the Pacific Ocean to the Caribbean Sea.

Despite global economic woes and nervous markets, FedEx announced today that it will purchase the Brazilian shipper Rapidao Cometa Logistica e Transportes for $6.8 billion.

The U.S. shipping giant said Monday it will acquire Europe's No. 2 delivery company, TNT Express, in effort to expand its global reach.

UPS earnings are out today. The company serves as a bellwether stock because as the economy improves, it sells — and ships — more items.

FedEx will start charging higher rates in part so it can afford to hold on to good employees.

FedEx is expecting to ship 17 million packages today, up from last year's peak of 15.6 million in a single day.

The Marketplace Daily Pulse is down today on news that the number of metal containers coming off boats has dropped on the biggest shipping route …

Following Friday's mail-bomb scare in London, shipping and cargo industries respond to the idea of new threats. How will these changes affect…