Talbots Signs With Li & Fung

| Tim Parry

Woman’s apparel and accessories merchant The Talbots has entered into a buying agency agreement with Li & Fung that will make the Hong Kong-based global consumer goods exporter the exclusive agent for substantially all Talbots apparel products.

DHL to Pay $9.4 Million in Shipping Settlement

| Jim Tierney

DHL will pay the federal government $9.4 million to settle a dispute involving shipments the company made to Iran, Sudan, and Syria that violated U.S. embargoes, according to the Associated Press. The Obama administration made the announcement on Aug. 6.

FedEx SmartPost Heads to Canada

| MCM staff

Considering selling to the Canadian market? FedEx SmartPost announced last week that it has expanded its service into Canada for U.S. shippers via the residential delivery capabilities of Canada Post Corp.