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Unions
Teamsters boss vows tougher line in US labour talks
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
June 7, 2023
News in-depthUS retail
Christmas comes on time as US parcel deliveries beat Covid snarls
...Parcel analytics company ShipMatrix has predicted that 89.8m parcels will be delivered daily in the peak season between Thanksgiving and Christmas, up from 79.1m for 2020 and 65.3m in 2019....
December 23, 2021
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
News in-depthBrookfield Asset Management Inc
Brookfield weighs the value of a new pillar in its complex structure
...Brookfield Asset Management, whose eclectic $690bn portfolio includes office towers, gas pipelines and a nuclear services company, is not quite the world’s biggest investment firm — but it may be the most...
February 22, 2022
Supply chains
Big US businesses pledge to extend working hours to ease supply chain backlogs
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
October 13, 2021
Transport
Parcel groups seek to deliver greener ‘last mile’ processes
...“They only work when the territory is controlled by a state or a landlord.” He ran a consolidation centre at his university with Clipper, a delivery company....
October 8, 2020
Coronavirus
Europe split over handling of postal services while in lockdown
...Unions in France have pushed the state-owned postal service to put workers’ safety first, calling for closures despite their status as an essential service....
April 2, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Shipping
Stamps.com soars on UPS shipping deal
...An announcement in February that Stamps.com would end its exclusive shipping partnership with the US Postal Service caused the shares to plummet 58 per cent in one day....
October 21, 2019
US & Canadian companies
Amazon delivery plan poses threat to US Postal Service growth
...But Amazon’s increasing need to put parcels in customers’ hands in a day or hours has sharpened its focus away from the post office....
July 2, 2018
Technology sector
Amazon encourages entrepreneurs to build logistics network
...The new programme will give Amazon additional options for “last mile” delivery of its parcels, which are typically handled by FedEx, UPS and the US Postal Service....
June 28, 2018
US & Canadian companies
Uber scores legal victory over drivers
...The status of the workers who provide the services offered by so-called gig economy companies such as Uber has been a point of contention for many years....
September 25, 2018
News in-depthUS & Canadian companies
Trump escalates Amazon clash with US postal price review
...In one tweet this month, Mr Trump said: “I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy.”...
April 13, 2018
Rana Foroohar
A light shines on the concentration of power in Silicon Valley
...whopping €4.3bn antitrust penalty by the EU against Google for abusing its power in the mobile phone market was nearly double what it was charged last year for favouring search results from its shopping service...
July 22, 2018
Aerospace & Defence
US loosens regulations for drone-testing programmes
...Businesses are gaining more freedom to experiment with drones in the US after the government created 10 light-touch regulatory zones for companies to test aerial services ranging from parcel delivery to...
May 10, 2018
Digital banking
SoftBank invests $250m in online lender Kabbage
August 3, 2017
News in-depthThe Big Read
Big Tech vs Big Pharma: the battle over US patent protection
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
October 16, 2017
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
US & Canadian companies
Social Capital heralds new model for unicorn IPOs
...Spotify, the music streaming service, plans to list existing private shares directly on NYSE as soon as the fourth quarter rather than doing a formal IPO....
September 14, 2017
Oil
Total to buy Maersk Oil for $7.45bn
August 21, 2017
FTfmJohn Dizard
US brokers should fear Massachusetts AG’s probe
...They call it the United States and, if anything, the states part of the American regulatory environment is getting more aggressive....
October 6, 2017
Americas companies
Delta thumbs nose at Trump border talk with Aeroméxico tie-up
...“This agreement will mark the beginning of a new era in the aviation of North America, as the first and the largest cross-border alliance between Mexico and the United States,” Aeroméxico CEO Andrés Conesa...
December 21, 2016
US & Canadian companies
Assets at Leon Cooperman’s Omega shrink 25%
...Mr Cooperman has also said that the US Attorney in New Jersey’s investigation of him and his firm is on hold, “pending the Supreme Court’s decision in Salman v United States”....
October 11, 2016
US & Canadian companies
UPS boosted by rising ecommerce shipments
...The express parcel service, which struggled in the fourth quarter in 2013 and 2014, also forecast that 2016 earnings per share would be between 5 and 9 per cent higher than 2015....
February 2, 2016
US & Canadian companies
Amazon deal doubles size of air cargo fleet
...Under the new deal, Amazon will lease 20 Boeing 767 cargo jets from Atlas Air Worldwide, an aviation company based in New York state, for seven years....
May 6, 2016
Transport
Uber looms over the parcel delivery business
...The same-day courier service sector alone is now worth £7bn a year in the UK, according to market research group IBISWorld. The extent of Uber’s ambitions is set out by parcels broker ParcelHero....
April 18, 2016
Technology sector
#techFT – Sky scores record €4.6bn sports deal
...Amazonfresh v Ocado Brooke Masters has been comparing Amazon’s Fresh grocery delivery service, launched in the UK this week, with her regular home deliveries from Ocado. Fresh had one key flaw....
June 10, 2016
Technology sector
#techFT – Keeping killer robots in check
...Forwarded US drops cyberbombs on Isis The United States has opened a new line of combat against the Islamic State, directing the military’s six-year-old Cyber Command for the first time to mount computer-network...
April 25, 2016

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