The 364-day Credit Agreement was signed with Citibank and JPMorgan Chase , Honeywell said in a filing, adding that the loan does not does not restrict its ability to pay dividend. The agreement comes after the industrial conglomerate entered into a $6 billion loan agreement last month to bolster liquidity as the fast-spreading coronavirus pandemic wreaks havoc on the global economy. Honeywell has reported a surge in demand for its protective face masks in North America, Europe, India and China, following the novel coronavirus outbreak....
Global supply chain software and services provider BluJay Solutions and Loadsmart, a digital freight technology company, are teaming up to deliver better transportation efficiency and visibility to shippers. ...