Amazon .com Inc.’s talks to buy driverless vehicle startup Zoox Inc. has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-booking companies on their heels.
May 27, 2020Search
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Target Handles Q1 Surge in Digital Volume
During its first-quarter earnings call May 20, Target Corp. said its stores helped fulfill an unexpected surge in online orders.
May 26, 2020Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic
Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.
May 26, 2020Amazon Prime Air Could Surge to 200 Jets From 42, Study Says
Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.
May 26, 2020Unlike China, India Oil Demand Stays Weak as Economy Falters
It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown.
May 21, 2020Workers Cheered Upon Return to South Dakota Pork Plant
Employees at a Smithfield pork processing plant in South Dakota where a coronavirus outbreak infected more than 800 people were greeted at work May 20 with thank you signs, cheers and waves from about a dozen area residents.
May 20, 2020Chinese Revival Draws Rare Shipments of Alaskan, Canadian Oil
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020April Tonnage Down 11.3% Year-Over-Year
April truck tonnage declined 11.3% compared with year-ago levels, the steepest year-over-year decline since 2009, American Trucking Associations reported.
May 19, 2020Comcar Industries Declares Bankruptcy
Comcar Industries announced May 17 it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.
May 18, 2020FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
May 18, 2020