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LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...Many stores were in poor shape, bad locations and suffered from logistics problems. Although both chains pull in similar revenues, Family Dollar is barely profitable....
March 19, 2024
LexUnited Parcel Service Inc
UPS’s results don’t offer canary in the coal mine hint for US economy Premium content
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
January 30, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthEmployment
Warehouse operators turn to entertainment and food facilities to attract workers
...Average advertised wages for warehouse operatives rose 9 per cent to £24,903 between November 2021 and September 2023, according to Logistics UK’s analysis of local job site Adzuna....
January 3, 2024
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...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....
March 21, 2024
News in-depthIPOs
Blowout Reddit debut raises hopes of revival in dormant IPO market
...Companies expected to go public soon include cold storage chain Lineage Logistics, which is seeking a valuation above $30bn, and cyber security provider Rubrik, valued at $4bn last year....
March 23, 2024
Tesla Inc
Tesla forced back to drawing board over German expansion plans
...To do that, it will need additional space for logistics....
February 22, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexDomino's Pizza Inc
Domino’s/Uber: outsourcing lead generation today, logistics tomorrow Premium content
Many consumers order food strictly through delivery apps, and the pizza chain is having to adjust
July 12, 2023
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Amazon and Nvidia are less secure but still enjoy deep competitive moats in their niches (retail platform data and logistics and class-of-their-own AI chips)....
April 3, 2024
LexFood & Beverage
Pepsi/obesity drugs: snack pack will withstand economies of scales Premium content
Investor worries about the impact of weight loss drugs on food companies are overdone
October 10, 2023
United Parcel Service Inc
UPS to cut 12,000 jobs as outlook falls short on weak parcel demand
...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...
January 30, 2024
Airbnb Inc
Airbnb plans $6bn in new share buybacks as it looks to ‘reinvent’ itself
...Asked by an analyst whether the company plans to build its offerings in a similar way to Amazon —which started in online retail and moved into a number of other markets including logistics and cloud computing...
February 13, 2024
UnhedgedRobert Armstrong
Where increasing returns come from Premium content
...It is also a huge beneficiary of increasing returns from international trade, having created a tech and logistics layer for getting cheap manufactured goods reliably from Asian factories to a huge end market...
February 5, 2024
Sotheby's Inc
Russian billionaire says he relied on Sotheby’s to navigate art purchases
...Rybolovlev said that given the scale of his investment and business holdings, he relied on deputies to handle the logistics of his art purchases....
January 12, 2024
LexGlobal outsourcing
Apple suppliers: bets on Vietnam will pay off Premium content
...Vietnam’s proximity to China, with which it shares a terrestrial border, makes for efficient supply chain logistics. Apple is likely to remain dependent on manufacturing in China for a long time....
December 8, 2023
LexEcommerce
Ecommerce: TikTok’s high views are no match for Amazon’s logistics Premium content
...Last year it announced a $1bn fund to invest in logistics start-ups. No logistics company that TikTok partners with can compete....
June 26, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway cashes in on blue-chip US stocks
...It exited a small stake of 59,400 shares in logistics company UPS, trimmed its ownership of computer and printer maker HP by 15 per cent — with its stake falling in value by more than $1bn — and reduced...
November 15, 2023
TikTok Inc
TikTok to take over Indonesia’s Tokopedia in bid to overcome ecommerce rules
...“Not only does Tokopedia have a large local merchant base and strong logistics and payments assets that TikTok can leverage . . . the company also has deep ties to Indonesia’s regulators and broader government...
December 11, 2023
Israel-Hamas war
Houthi rebels hit US-owned cargo ship in Gulf of Aden
...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...
January 15, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
February 18, 2024
John Gapper
Rejoice that Santa Claus gives prime delivery to everyone
...Such invisible logistics costs end up being loaded on retailers, and ultimately on shoppers. It is not immoral to sell time (or the right to save it) in this context....
December 23, 2023
News in-depthSemiconductors
Taiwan’s chip industry heads overseas amid supply chain shift
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
April 10, 2024
Inside BusinessSujeet Indap
Hertz and Carvana: what their diverging fortunes tell us
...Even in 2021, profits and positive cash flow were scant as the company spent billions of dollars on building and marketing a national inventory and logistics operation....
November 30, 2023
News in-depthMining
US uranium miners resurrected by nuclear revival and Ukraine war
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
March 10, 2024
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...Start-ups from around the world are leveraging AI for everything from workplace collaboration and healthcare to logistics and beauty products....
January 11, 2024
LexBoard changes
Returning CEOs: long-serving bosses find it hard to say goodbye Premium content
...After building up a trillion-dollar company’s logistics operation, he should have had no problems expanding an $8bn start-up....
September 8, 2023

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