Super typhoon Ragasa is the 19th named storm to hit the region this year, with container terminals shutting down and airlines preparing to ground flights from Tuesday night.
The takeover will add the UK’s largest maritime intermodal service provider to the carrier’s rapidly expanding logistics portfolio.
Excess capacity and lower rates are drawing some LTL freight into the truckload sector, helping to depress overall LTL volumes, FedEx quarterly results indicate.
