Latest News Updates From Bloomberg News

UPS Considers Lawsuit in Canada

United Parcel Service is threatening to sue the Canadian government for favoring Canada Post鈥檚 courier services and contravening North American Free Trade Agreement regulations.

February 29, 2000

Volvo Adds Concessions in Scania Bid

The European Commission confirmed that it received a new proposal containing concessions by Swedish truck maker Volvo as it seeks approval of its purchase of rival manufacturer Scania.

February 25, 2000
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French Truckers End Blockade

French truck drivers lifted a two-day blockade of the nation鈥檚 borders Jan. 13 after reaching an agreement with Transport Minister Jean-Claude Gayssot on how to apply France鈥檚 35-hour workweek law.

January 19, 2000

Deutsche Post to Buy Logistics Unit

Soon after launching a $1.14 billion bid to acquire U.S.-based freight forwarder Air Express, Deutsche Post AG said its Danzas unit will buy Royal Philips Electronics' Austrian logistics unit, Vindo Logistik.

December 16, 1999