Parcel
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FedEx update presents some concerns
FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.
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Labor actions taken in New York against Amazon, Instacart
Getting a handle on the extent of the walkouts is tough.
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USPS gets $10 billion line of credit in Senate’s coronavirus relief package
The USPS received a $10 billion line of credit in the U.S. Senate version of the coronavirus relief bill. What will the U.S. House of…
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New UPS CEO Carol Tomé held in ‘high esteem’
Carol Tomé named new CEO at UPS. David Abney to retire at the end of 2020 after a 46-year career.
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FedEx announces CFO transition
Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.
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Solving the trucking profitability paradox
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the "trucking…
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Drone Delivery Canada begins flights for first paying customer
From small, medium to large, Drone Delivery Canada has an automated flying machine for multiple transport applications.
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TUYA helps businesses connect with delivery partners for same-day express delivery
Texas-based TUYA has built a platform that helps B2B’s have real-time visibility over their product movement as they work with delivery companies.
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TFI buys courier services business as it polishes US logistics ‘diamond’
Canadian transportation company puts its money to work after raising $230 million in U.S. IPO as it works to grow its logistics business.
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Package delivery smart lock provider BoxLock secures $4.5 million funding round
Final-mile smart lock provider BoxLock announces $4.5 million funding round.
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