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...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...Chief financial officer Brian Newman said that the macroeconomic environment “showed improvement” in the fourth quarter, but “the transportation and logistics sector conditions remained under pressure both...
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
Many consumers order food strictly through delivery apps, and the pizza chain is having to adjust
...Letter in response to this article: Shipping lives with arcane world of geopolitics / From Enrico Vergani, Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers), London EC4, UK...
...A version of this article was first published by Nikkei Asia on November 23. ©2023 Nikkei Inc. All rights reserved....
...In 2021, Amazon spent some $33bn on fulfilment centres and transport....
...Shares in the US delivery and logistics group are up 46 per cent so far this year. Arch rival UPS has dropped 4 per cent over the same period while the S&P 500 index has risen 16 per cent....
...Yellow specialises in “less than truckload” or LTL logistics. The company said its nascent “One Yellow” strategy to unify its various acquisitions was starting to bear fruit....
...Many analysts reckon gas’s role in power generation could give it greater longevity than oil, which is heavily used for transport and emits more carbon dioxide when it burns....
...The scheme, called Generation Logistics, which is being led by trade bodies Logistics UK and the Chartered Institute of Logistics and Transport, has secured £345,000 of government funding....
...Tesla delivered fewer vehicles than forecast in the third quarter because of an “increasingly challenging” environment for transport and logistics, the company said....
...Dave Clark, the senior Amazon executive who announced his surprise departure from the company last week, is set to become chief executive of logistics software start-up Flexport....
...Prologis, the world’s biggest warehouse owner, has launched a bid to buy Blackstone’s portfolio of logistics properties in what would be the largest ever private real estate deal, in a sector where the Covid...
...The same year as the merger, Beijing passed a national defence transport law that brought China’s transport sector and military closer together....
...A version of this article was first published by Nikkei Asia on April 26 2022. ©2022 Nikkei Inc. All rights reserved....
...“And along with Transplace, Uber Freight, now at a billion-dollar quarterly run rate, is well-positioned to bring digital native change to the enormous logistics ecosystem.”...
...“Cross-city travel and logistics will still be significantly impaired as cities may not trust each other’s testing quality and results....
...A version of this article was first published by Nikkei Asia on June 29 2022. ©2022 Nikkei Inc. All rights reserved....
...The Gallery Climate Coalition (GCC) has set its sights on sustainable transport, saying that flying art around the world has 60 times the environmental impact of moving it the same distance by sea....
...The letter, seen by the Financial Times and first reported by Reuters, was signed by the largest US carriers as well as the air freight arms of two of the biggest logistics groups, UPS and FedEx....
...Logistics companies and carriers have also turned to technology and data tools this year to solve last-mile delivery problems....
...But several trends could work in the logistics groups’ favour this year. Fear of empty shelves has prompted holiday shoppers to start their gift buying earlier this year....
...Undeterred, Uber purchased logistics company Transplace for $2.25bn this year, meaning that it is both expanding and hoping to break even....
...and logistics capacity....
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