Business

Johnson & Johnson is outsourcing its Memphis distribution center operation to FedEx unit Genco and says a vast majority of workers will continue to work there.

Amazon.com Inc. has received its Chinese shipping license, signaling the massive retailer is further along with its plans to become a transnational fulfillment and shipping company than previously realized.

Gov. Nathan Deal kicked off the 2016 Georgia Foreign Trade Conference on Feb. 8 with high praise for the Georgia Ports Authority and outgoing Director Curtis Foltz.

A.P. Moeller-Maersk A/S reported an 84% plunge in 2015 profit after its oil unit was hit by lower energy prices and the container division got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

U.S. retail sales will grow just 3.1% in 2016 as consumers shift more of their spending to experiences, rather than the mall, according to the National Retail Federation.

Google Inc.’s artificial-intelligence system will be interpreted as a driver by federal regulators, a step toward compliance that would help the tech giant’s self-driving cars hit U.S. roads.

Drivers in Chicago and other parts of the Midwest may see gasoline prices at the pump fall to 99 cents a gallon as regional stockpiles swell.

Integrated Freight Corp. has acquired SC Trucking Inc., a small trucking company based in Clifton Heights, Pennsylvania, for an undisclosed amount of cash and stock.

Amazon.com Inc.'s Chief Financial Officer Brian Olsavsky downplayed Amazon’s ambitions last month in an earnings call, saying the company was looking to supplement its delivery partners — not replace them. Documents reviewed by Bloomberg News reveal a far bolder plan.

KNOXVILLE, Tenn. — Former Pilot Flying J President Mark Hazelwood was arraigned Feb. 9 on charges including conspiracy to commit wire fraud and mail fraud as well as witness tampering in a nearly three-year investigation.