The warehouse king battles a master of the universe In the late 1990s Hamid Moghadam, an Iranian-born property developer, made a $5m bet on Webvan, an American online grocer. It was a bust. Webvan was one of the most spectacular casualties of the dotcom crash. More galling still, Mr. Moghadam turned down
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Uber launches mask verification as part of new safety measures
Delta Air to retire all of its 777 jets, in latest blow to Boeing
U.S. Postal Service reviewing delivery contracts: WashPost
WASHINGTON (Reuters) - The U.S. Postal Service has launched a review of package delivery contracts with Amazon.com, United Parcel Service Inc, FedEx and other large shippers, The Washington Post reported on Thursday, citing six people with knowledge of agency operations. The USPS has sought bids from consulting firms to assess what
Bolt launches Operation in Port Harcourt
Bolt (formerly Taxify), the leading on-demand transportation network platform in Africa, has launched operations in Port Harcourt. The expansion brings Bolt’s cities in Nigeria to a total of eight. The service is already well established in Lagos, Abuja, Ibadan, Owerri, Benin City, Calabar and Uyo. After successfully launching in seven
To Beat Uber And Lyft, This Startup Vows To Give Its Drivers The Full Fare
Nomad Rides cofounders Michael McHugh (left) and Daniel Jones (right) launched the ride-hailing platform at Indiana University Bloomington. Uber and Lyft have handily deflected any competition so far. Together, the two ride-hailing giants capture more than 98% of market spending, according to analytics company Second Measure. Commissions for each ride comprise a significant
DHL stops deliveries for Amazon Fresh in Germany
FedEx Drops Ground Delivery for Amazon, Can UPS Be Far Behind?
The first shoe FedEx dropped over Amazon.com's ambition to become a full-fledged transportation and logistics carrier was not renewing its Express contract with the e-commerce giant for package delivery. Now the next shoe has fallen: FedEx said it will not renew its contract for ground delivery for Amazon. FedEx maintains the changing relationship "is consistent with our
UPS to begin delivery, pickup services seven days a week
The United Parcel Service Inc. announced Monday it would begin offering pickup and delivery services seven days a week in response to the growth of online shopping. The Atlanta-based package delivery giant said the services would begin on Jan. 1 and would be assisted by the U.S. Postal Service. The company’s
EBay takes a swing at Amazon with new Managed Delivery service
EBay sees an opening to take on Amazon with a new service announced Wednesday called Managed Delivery that the San Jose-based company said will ship products sold over eBay’s marketplace. Managed Delivery is set to launch next year with partnerships with third-party shipping centers in several regions of the United States,