UPS has revealed sleek new electric trucks that look like they've rolled straight out of Pixar's Cars series. The company revealed it's working with vehicle manufacturer Arrival on a pilot fleet of 35 lightweight electric trucks that look far more futuristic than the standard boxy vehicles. UPS says the trucks have a longer
Author: Casandra Aniemeke
How Deutsche Post DHL falls short of analyst expectations in Q1
The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag. Deutsche Post DHL Group’s consolidated net profit for the first quarter of 2018 tumbled 6.2 percent year-over-year to 631 million euros (U.S. $748 million), according to the company’s
Revealed – How Uber Drivers Are Fleecing Customers in Billing Fraud
Nairobi - Taxi-hailing service Uber's drivers are using dummy apps to extend the distance travelled by riders in order to charge them exaggerated fees, hitting Kenyan users' confidence in the automated billing system. The dummy apps, which have recently caused an uproar in Nigeria, interfere with the Uber Application's location (GPS)
U.S. Customs hopes to set e-comm standards
A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year. U.S. Customs and Border Protection (CBP) is hoping to “lead and facilitate” international e-commerce standards as it is submitting to the World Customs Organization (WCO) a two-page document
Container industry may face feeder vessel shortage
SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and trans-shipment products could widen. The container shipping industry faces an “impending shortage of feeder vessels,” says SeaIntel, a Copenhagen-based research firm. “We found that the phase-in of the new large vessels in 2018-2020 is
U.S Trucking woes may be a window of opportunity for airfreight
After several years of tepid industry performance, the American freight forwarder is finally reaping the benefits of sustained global economic growth. Driven, in part, by e-commerce-related activity, the industry sees volumes continuing to grow throughout the upcoming year. But with this kind fortune comes the challenge of tight truck capacity
U.S. logistics employment steady in April
Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor. U.S. transportation and logistics companies added another 400 jobs in April, slowing significantly from the rapid growth seen in the previous three months, according
Demand flattens, yields soar in March… or do they?
March is usually a good time for reckoning in the air cargo industry. Any lopsided demand figures from the Chinese Lunar New Year surge are generally smoothed out by the third month of the year, and post-holiday inventory restocking generally begins to ebb as spring arrives. The March results from the
UPS weighs strategy to deliver bulky goods to boost growth – Reuters
DHL Global Forwarding adds trans-Pacific freighter service
DHL Global Forwarding is adding a second 747-400F to its round-the-world flight schedule on an aircraft, crew, maintenance and insurance (ACMI) lease agreement with Atlas Air, in a move that the company says will address a high demand for capacity on Asian routes with another 100 tons per flight. “The gap