SPAC acquires cloud manufacturing firm Fast Radius
Company looks to take the lead in the cloud-based manufacturing and supply chain segment.
Company looks to take the lead in the cloud-based manufacturing and supply chain segment.
The successor of UPS’ struggling LTL operation is set to post an operating ratio below 95%, TFI International says in an unusual preannouncement.
Shares surge as the proposed sale to Thoma Bravo promises a whopping premium to shareholders.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
Even as sellers expect higher sales on Amazon Prime Day, there are worries about getting inventory, finding places to store it and shipping it to the customer.
UPS announces emission-reduction strategies for facilities, small package operations and the global air fleet.
The transaction, arranged by CVC Capital Partners, is set to close in the third quarter.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.
FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers.
The Federal Communications Commission is sued over a decision that could affect progress in truck platooning communications.
A white paper by TIA and CLDA stresses the need to differentiate from Amazon to succeed in final-mile delivery.
Big integrated parcel carriers are constantly adding aircraft to their fleet, but that expansion is going even faster to keep up with e-commerce. DHL Express is even starting an airline in Austria to keep up.
Andrew Cox and Kevin Hill debate how FedEx and UPS are treating their customers on this episode of Great Quarter, Guys.
FedEx is raising the fees on U.S. residential deliveries, its Ground Economy service and on packages requiring “additional handling.”
As more brands roll out next-day and same-day grocery delivery, the long-term profitability of these programs depends on innovation that can drive down cost and increase flexibility.
The company aggregates its cold-chain logistics services into a dedicated unit.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Driver shortage affecting cross-border trucking; auto parts maker opens plant in Mexico; Laredo International Airport partners with UPS; and UPS hiring 450 in Dallas-Fort Worth.
Arrival, which has a large electric van order from UPS, has selected HERE Technologies to provide turn-by-turn navigation and a location visibility platform for vehicles.
Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.