A Ford logo is shown at an event that celebrates the opening of the new U.S. production line where the 2013 Ford Fusion midsize sedan is made at the Flat Rock Assembly Plant in Flat Rock, Michigan. Photo by Bill Pugliano/Getty Images DETROIT (Reuters) - Ford Motor Co reported a better-than-expected quarterly net
Month: October 2017
UPS beats revenue expectations, boosted by international, supply chain sales growth
UPS SCS Case Study United Parcel Service Inc. UPS, -0.96% reported Thursday third-quarter net income of $1.26 billion, or $1.45 a share, compared with $1.27 billion, or $1.44 a share, in the same period a year ago. The FactSet consensus for earnings per share was $1.45. Revenue rose 7% to $15.98 billion,
UK car manufacturing falls in September
Image credit BBC. UK car production UK car production fell during September as confidence was hit by Brexit uncertainty, according to a major car industry body. Plans to improve air quality also added to the decline in car output, the Society of Motor Manufacturers and Traders (SMMT) said. A 14% fall in demand
Here’s Toyota’s Challenge to Rolls-Royce and Bentley
New Toyota Century Is Japan's Challenge to Rolls-Royce, Bentley - Bloomberg The first update on the executive saloon in two decades brings a hybrid engine and new interior technology—but to collectors’ dismay, it won’t be available outside Japan. Toyota has just introduced a new Century. This is a big deal. The Toyota
Hyundai profit down 20 percent as China woe continues
SEOUL, South Korea (AP) — Hyundai Motor Co., South Korea’s largest automaker, reported a 20 percent plunge in its net profit Thursday, continuing its losing streak to nearly a fourth year, as its sales remain weak in China due to anger over a missile-defense system. Hyundai’s overall vehicle sales except for
Tesla’s Seat Strategy Goes Against The Grain…For now
SAN FRANCISCO (Reuters) - The seats on Tesla Inc’s new Model X SUV were a mess. An outside contractor was having trouble executing the complicated design, spurring frustration and finger-pointing between Tesla and its supplier. How would Tesla ever pull off mass production of the upcoming Model 3, the car intended to catapult the
How Nigeria’s Post Offices Would Enhance Customer Experience
Lagos - Nigeria's Postmaster General and Chief Executive Officer of NIPOST, Adebisi Adegbuyi, has at two-day strategic management retreat, which held in Lagos this week, vowed that the organization's new reform initiatives would ensure staff re-orientation and attitude to work, and engender improved customer service delivery, , using the latest technologies that would bring
Amazon will let delivery people inside your house
UPS announces U.S. rate hikes, new peak surcharges for 2018
DETROIT (Reuters) - United Parcel Service Inc said on Wednesday it would raise rates across many of its U.S. services by 4.9 percent later this year, with surcharge increases for next year’s peak season focused mainly on residential addresses. The rise of e-commerce and online retailers like Amazon has posed challenges for the
New Bluetooth transmitter provides package-level visibility
RoamBee, New Bluetooth transmitter providing package-level visibility in a warehouse Logistics and asset monitoring company RoamBee says that visibility, down to the package-level, and end-to-end asset management are now possible with “BeeBeacon,” its mobile monitoring technology that was launched today. RoamBee’s CEO Sanjay Sharma told Air Cargo World that the device was