Globalization not going into reverse, annual index finds

Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh. The 10th annual DHL Global Connectedness Index, released Wednesday by Deutsche Post DHL Group (OTCUS: DPSGY) and New York University’s Stern School of Business, found that more merchandise trade moved over longer distances in 2021 than…

Regulators OK Canadian Pacific-Kansas City Southern merger

This story is developing. The Surface Transportation Board has approved, with conditions, Canadian Pacific’s plans to merge with Kansas City Southern, paving the way for CP to take control of KCS as early as April 14. The conditions include an “unprecedented” seven-year oversight in which CP (NYSE: CP) and KCS will provide extensive data to…

Zipline drone delivery just got a massive upgrade

Correction: A previous version of this story incorrectly stated Zipline is based in Mountain View, California. It has been updated to reflect that the firm is based in South San Francisco, California. After completing its 500,000th delivery in January, one of drone delivery’s titans is still not satisfied. On Wednesday, South San Francisco, California-based Zipline…