Hints and tips:
...It still forecast a $50mn hit from “transitory” air freight expenses and inflationary costs on raw materials and freight....
...And hybrid working is going nowhere fast....
...Freight costs, said Dollar General, had become “a growing headwind”....
...IHS Markit data measuring how fast ports process containers show North American ports are one-third as efficient as Asian ports, Whitlock said....
...It does not own vehicles or directly employ the drivers who ferry passengers, food and freight around the world....
...“They got too big, too fast and they believed too much, too fast,” says Nate Pund, a managing director at the investment bank Houlihan Lokey....
...“We are pushing fast towards the point where these technologies are not only sustainable solutions but commercial common sense. That is where we have got to get to.”...
...She will replace Carl Ice, who will retire in January after 42 years at the freight network. More from Reuters....
...Uber has already structured its freight booking unit as a standalone business in which it owns a majority stake....
...“You know, this company has been growing so fast over such a long period of time in so many countries that the teams really haven’t been able to catch our breath and optimise.”...
...The fast casual restaurant chain said it now expected comparable restaurant sales — a closely watched industry metric — to increase by the high single-digits percentage compared with a year ago....
...“The core Ridesharing platform is profitable on a per-trip basis under our analysis, and the company is poised to continue to gain and retain share in multiple fast-growing geographies and adjacent spaces...
...Fast forward to August 8, and Uber has truly beaten even the most extravagant of money-burning expectations....
...They both raised prices within the past year for their North American products in an effort to claw back rising costs for raw commodities and freight....
...Silicon Valley’s best known private companies have raised huge amounts of money at breathtaking valuations from investors happy to bet on fast growth without profits....
...Uber claims its future growth depends on driverless cars, freight shipments, and renting scooters and bikes. The key details of these new businesses? Undisclosed....
...The company also owns UberFreight, for long-distance freight booking....
...Like Lyft, it has pushed into bike and scooter rentals and invests in autonomous vehicle research, but it has also diversified into food delivery, freight booking and electric flying taxis....
...Furthermore, in recent months food and beverage companies have also been experiencing a jump in costs related to raw materials and freight....
...Uber operates in hundreds of markets outside North America, and also has fast-growing businesses in food delivery and freight booking....
...in food delivery and freight booking....
...The Miracle Mile in Carlisle, Pennsylvania, is a vital capillary in the US freight transport system....
...But while Lyft is mostly limited to the US — and operates outside of its home market only in a few cities in Canada — Uber operates internationally and has fast-growing businesses in food delivery and freight...
...“In this business things change so fast that everything’s got to be on the table.” On the whole, he said, “there haven’t been any decisions that I’ve agonised over....
...Analysis by Flexport, which provides supply chain and freight forwarding services, has uncovered several categories of consumer products, made in China, that will face a 25 per cent import tariff under the...
International Edition