By: Bloomberg News China is considering adding FedEx Corp. to a list of so-called unreliable entities, said people familiar with the matter, a move that would escalate tensions with the U.S. Authorities in China have almost completed the preparations that would be needed to blacklist FedEx, the people said, declining to be named
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Carriers consider ordering mega containerships
Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders. Evergreen and COSCO, along with COSCO affiliate OOCL and CMA CGM, are all members of the Ocean Alliance; Hapag-Lloyd, Yang Ming and Ocean Network Express are members of THE Alliance. The Danish website ShippingWatch said it had “market sources
FedEx sues U.S. Department of Commerce
Yesterday (Monday), FedEx filed a suit in U.S. District Court in the District of Columbia against the U.S. Department of Commerce (DOC), which seeks to enforce prohibitions contained in the Export Administration Regulations (EAR). The suit follows FedEx’s accidental diversion of several Huawei packages shipped from the United Kingdom to the United States earlier this month. In the filing, FedEx argued that the
Toyota will add automatic engine shut off and auto-park to all new vehicles
2019 Toyota Corolla The safety features could prevent "rollaway" injuries... Beginning with model year 2020, Toyota will include automatic engine shut off and auto-park features in its new vehicles. If a vehicle is left running for a predetermined amount of time, the engine will automatically shut off. If a driver exits a vehicle without
FedEx’s Breakup With Amazon – What is means
FedEx to hire 700 flexible rural and residential drivers
FedEx driver - downtown Chicago FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure on established delivery firms. FedEx, like global rival United Parcel Service Inc, is investing billions of dollars to cope with the
Walmart relaunches service to deliver groceries to shoppers’ refrigerators
Walmart's groceries delivery to shoppers' refrigerators Walmart Inc. will restart a service that offers the delivery of groceries directly to shoppers’ refrigerators - part of its attempts to find unconventional ways to offer cheap and rapid delivery of online orders. Walmart had started testing the service in 2017 with smart security company August Home
Toyota speeds up electrified vehicle schedule as demand heats up
TOKYO (Reuters) - Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power. The change illustrates both the breakneck growth in the
Taxify has changed its name to Bolt
Black cab drivers lose High Court challenge against Uber
Uber, a challenge to black cab drivers in Britain The highest-ranking judge in England and Wales dismissed the challenge that Uber's license was issued by a "biased" judge. Black cab drivers have lost a High Court challenge to strike down Uber's licence to operate in London. Dismissing the case, the Lord Chief Justice, Lord