Several shippers told federal regulators on Tuesday that they don't believe railroads are meeting their everyday carrier obligations because of service issues they've experienced in the last year, including increased use of embargoes to control congestion. According to federal regulations, the common carrier obligation obligates railroads to transport freight if...
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Geodis introduces air zone bypassing for US companies shipping to Canada
Geodis has introduced a new air zone skip service to help U.S. e-commerce companies shipping to Canada achieve faster direct-to-customer cross-border delivery. Geodis' existing small parcel delivery service, MyParcel, allows US businesses to ship to 26 European countries, the United Kingdom, and Canada. The new air zone skip service is...
Coupa Software was purchased by a private equity firm for $8 billion.
Private equity firm Thoma Bravo acquired Coupa Software for $8 billion, or $81 per share in cash, the company announced on Monday. According to business spend management platform officials, the transaction made financial sense. "This transaction is the result of a deliberate and thoughtful process that included engagement with both...