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FedEx Ground, after purchasing property in Middletown, Connecticut, in March for $18 million, has given the city an official commitment to build a 525,000 square-foot distribution hub.

UPS Inc. signaled its continued interest in Netherlands-based package and freight carrier TNT — currently pledged to a merger with FedEx Corp. — by asking a European Union court to reverse a 2013 regulatory ruling that blocked UPS from acquiring the Dutch company.

FedEx Corp. will seek to finance part of its TNT Express acquisition with a debt offering in euros, its first non-U.S. bond issue.

FedEx Corp. unveiled its Cold Chain Center on March 29, designed to hold frozen, refrigerated and controlled room temperature shipments when they're delayed in transit through the hub.

FedEx Corp. has issued $2 billion in notes to fund repayment of debt and share repurchase programs.

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., announced the relaunch of Bongo International as FedEx CrossBorder.

A new $30 million FedEx Ground distribution center in Chattanooga, Tennessee, being built off Interstate 75 will open in August 2017, officials said March 21.

FedEx Ground confirmed March18 that it has entered into a lease agreement for a new distribution center on a 32-acre site in Miami Township, Ohio, to be finished by July 2017.

FedEx Corp. last week said its fiscal third-quarter net income rose 18% to $692 million, or $2.51 per share, excluding one-time costs and powered solely by higher profits at its Express unit.