FILE PHOTO: Freight trucks driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo The drive for cost cuts and higher margins at U.S. trucking and railroad operators is pinching their biggest customers, forcing the likes of General Mills Inc and Hormel Foods Corp to spend
Cargo Delivery
Amazon won’t be able to compete on cost with FedEx, Bernstein says
No Amazon Worries for FedEx "Delivering through Amazon clearly has a cost. For merchants fulfilling by Amazon, that cost is going up significantly this year," Bernstein's David Vernon wrote. The analyst added that while Amazon Prime members enjoy "free" shipping, the company increased the price of the membership in January
Numbers starting to add up for Tesla trucks: DHL executive
Low-cost UPS electric trucks eliminate final barriers to large-scale fleet adoption
UPS has more than 300 electric vehicles deployed in Europe and the U.S., and nearly 700 hybrid electric vehicles. UPS today announced it plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies – an industry first that is breaking a
New DHL Express hub in Brussels to quadruple regional capacity
By 2020, DHL expects to create 200 additional jobs through this new investment DHL Express opened its 36,500-square-meter Brussels hub today, quadrupling the integrator’s capacity for the region. The €140 million facility features automated sorting technology that allows later pick-up times, greater flexibility and higher reliability for Belgian shippers. Capable of handling 42,000
Analysts answer the big question: Should FedEx and UPS fear Amazon?
Could Amazon's future business delivery service hurt FedEx Corp. and UPS Inc.? - Memphis Business Journal. Its the latest initiative aimed at taking more control over what happens after a package leaves an Amazon warehouse. Memphis Business Journal - The article outlined a new “Shipping with Amazon” service where Amazon would
Carriers expect big cargo week for Valentine’s Day, Chinese New Year holidays
Lufthansa Cargo carried 40m roses Valentine's Day in 2016 The one-two punch of Valentine’s Day on Wednesday and the run-up to the Chinese Lunar New Year in Friday are expected to create huge demand for air cargo this week, according to carrier estimates. This shipping of perishable flowers, plants, chocolates and
Amazon begins two-hour Whole Foods delivery service via Prime Now
It’s been nearly six months since the announcement of the Amazon-Whole Foods acquisition, and more tangible evidence is being released about new services that the tie-up will bring to the grocery distribution supply chain. Late last week, Amazon launched a new two-hour delivery service for food from select Whole Foods Market
Amazon’s newest delivery program may not be the threat to UPS and FedEx that some think
Shares of UPS and FedEx fell as much as 5 percent Friday morning following news of Amazon’s delivery pilot. (Mark Lennihan/AP) Jim Cramer on Amazon Delivery: FedEx Is Not a Company That's Easily Beaten Amid a report in The Wall Street Journal saying Amazon is set to start a delivery service that could
Latest Amazon report delivers blow to FedEx and UPS
Packages from Amazon Prime have been delivered by UPS, FedEx and the Postal Service. But that might be changing. [Associated Press Archive] FedEx, UPS Shares Fall Amazon has already shown that it can rattle the retail, grocery and health insurance industries, and now it is doing the same in the delivery business. The