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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

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

WACT Lifts Onne Port in Port Harcourt with $10m Facility Upgrade

Onne Port, Port Harcourt, Nigeria   The West Africa Container Terminal (WACT) has launched two new Mobile Harbour Cranes (MHCs) worth $10 million (N3.6billion) for the discharge of cargoes at the terminal. This followed the increased vessel traffic experienced at eastern ports due to the recent diversion of cargoes because of the traffic

Chinese officials suspect FedEx held back over 100 Huawei packages

Hong Kong (CNN Business) Chinese authorities suspect FedEx of holding back more than 100 packages that tech company Huawei was trying to deliver to China, state media reported Friday. Regulators in China concluded that FedEx (FDX) committed "violations" when it diverted Huawei parcels, according to state news agency Xinhua. The Chinese government opened an investigation nearly two months

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