More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Ceva, Kodiak Launch Autonomous Deliveries to Oklahoma
Ceva Logistics announced it teamed up with autonomous commercial vehicle technology company Kodiak Robotics Inc. to deliver freight autonomously between Dallas-Fort Worth and Oklahoma City, expanding on an existing relationship.
March 9, 2022Waymo to Haul Freight for C.H. Robinson in Texas Tests
Logistics giant C.H. Robinson is collaborating with Waymo to introduce autonomous trucks into its freight network, starting with multiple pilots in Texas.
February 16, 2022GXO, Abercrombie & Fitch to Open Automated Distribution Center
GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.
October 6, 2021XPO Posts Q2 Profit on Record Revenue
Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.
July 29, 2021Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
November 4, 2020The Rise of the Warehouse Robot
The COVID-19 pandemic has accelerated the decline of brick-and-mortar retail establishments and accelerated e-commerce, creating a massive logistical challenge for warehouse and distribution center operators.
October 28, 2020Deutsche Post Scraps Its Electric Delivery Van Built With Ford
Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.
February 28, 2020Penske Joins Autonomous Vehicle Coalition PAVE
Penske Truck Leasing has joined Partners for Automated Vehicle Education, a coalition of industry leaders that seeks to educate and assure the public about automated vehicles, according to a news release from the two organizations.
May 14, 2019XPO Logistics to Use 5,000 Robots in Warehouses
XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.
October 9, 2018