FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.
December 17, 2019Business, Technology, Logistics, Perspective
Perspective: Looking Forward With 5G
The technology elephant in the room for warehouse operators is 5G wireless technology; specifically, whether it’s worthwhile for the sector to convert from existing 4G systems.
December 18, 2019Business, Logistics, Top 100
FedEx’s Q2 Earnings Tumble, Even More Than Wall Street Expected
Business, Logistics
Dave Clark: The Man Who Built Amazon’s Delivery Machine
Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.
December 17, 2019Business, Logistics, Top 100
Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday
Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.
December 16, 2019Business, Logistics, Top 100
Forward Air to Acquire Linn Star for $57.2 Million
Forward Air Corp. will acquire Linn Star Holdings Inc., Linn Star Transfer Inc. and Linn Star Logistics, a privately held final-mile provider, for $57.2 million, according to a Forward Air news release Dec. 12.
December 16, 2019Government, Business, Technology, Logistics
Germany Set to Agree to Higher CO2 Price for Transport, Heating
Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.
December 16, 2019Business, Technology, Logistics
BMW-Daimler Ride-Hailing Venture Steps Up Uber Challenge
FreeNow, the ride-hailing venture owned by Daimler AG and BMW AG, expects to double revenue this year and next in a fresh challenge to Uber Inc. in Europe and Latin America.
December 16, 2019Government, Business, Logistics, TCA
Pennsylvania Freight Rail Track Gets $700,000 for Rehabilitation
The Pennsylvania Department of Transportation awarded $700,000 to Pittsburgh Intermodal Terminals Inc. to improve about 1 mile of freight rail track to bolster operations and generate jobs in Beaver County.
December 13, 2019Business, Logistics, Top 50, Top 100, TCA
XPO to Close Missouri Logistics Facility, Wiping Out 166 Jobs
HAZELWOOD, Mo. — A logistics facility will close here, eliminating 166 jobs, according to a notice filed with the state.
December 13, 2019Government, Business, Technology, Logistics, Autonomous, TCA
Ford Adding to Austin Self-Driving Car Operation
Ford Motor Co. is adding to its self-driving car testing operation in Austin, Texas, saying Dec. 11 it has secured two pieces of real estate that will be central to the project.
December 12, 2019