Transport Topics
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XPO Logistics Inc. announced that it has completed the $3 billion acquisition of trucking and logistics operator Con-way Inc.
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The April opening of Panama's $5.3 billion expanded canal, originally set for 2014, could be delayed further depending on repairs to leaks discovered in the new locks during testing as the waterway ends a year of record shipments, administrator Jorge Quijano said.
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Target Corp. is bringing back free delivery for the holidays - a strategy it hopes will give it an edge over Wal-Mart Stores Inc., which is eschewing special shipping offers and encouraging online shoppers to pick up items at brick-and-mortar stores.
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Engine maker Cummins Inc. said it would recall up to 3,020 Cummins Westport/ISL G/9999 engines manufactured between Sept. 13, 2007 and Sept. 23, 2015, citing the potential for a leak in the oil supply line near the engine manifold to cause a fire.
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