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FedEx to Pay $3 Million to Massachusetts in Contractor Case Settlement

The Massachusetts attorney general’s office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.

Swift Files Registration for IPO

Swift Corp. said its wholly owned subsidiary Swift Holdings Corp.

UPS’ 2Q Income Jumps 71%

UPS Inc. said Thursday its second-quarter profit jumped 71% on stronger international shipments, and the company boosted its full-year earnings outlook.