Grab's plan to shutter Uber's app quickly following its merger deal in Southeast Asia has hit another snag in Singapore where the ride-hailing firm has been forced to delay closing its rival's service until May 7. This is the second time that Grab has pushed back the removal of Uber's app in Singapore, which was initially
Author: Casandra Aniemeke
Trump follows Amazon jabs by ordering US Postal Service review
A USPS delivery man President Trump recently tweeted that the US Postal Service's deal with Amazon was bad for taxpayers, but he has now taken his complaints beyond social media, the New York Times reported. The White House has convened a task force to examine the service's operations and "conduct a thorough evaluation of
Air cargo soars but trade war threat looms large
Air freight volumes at the 20 busiest airports worldwide grew 6.8 percent last year, but the “specter of uncertainty regarding trade policy among major economies” could dampen growth in 2018, according to ACI Director General Angela Gittens. Air cargo volumes at the 20 busiest airports in the world soared 6.8 percent
How DHL is Expanding U.S. Footprint alongside global trade growth
DHL's new southern California facility handles shipments of export cargo and import cargo in international trade. DHL has been expanding its locations around the world to keep up with growing e-commerce and international trade demand, and its most recent expansion in southern California has doubled its intake capacity in Ontario, California. Shipments DHL processes
E-commerce is taking over the retail world, UPS says
Today UPS published its annual “Global Pulse of the Online Shopper” study that shows consumer behavior in the realm of e-commerce is shifting. The study, which surveyed consumers from the United States, Asia, Europe, Canada, Mexico and Brazil, suggested that consumers from all over the world are purchasing from sellers
Smugglers used aerial drones to sneak $80 million in iPhones into China
A drone that was confiscated after authorities arrested suspects who used drones to smuggle smartphones from Hong Kong to Shenzhen, is pictured in Shenzhen, Guangdong province, China March 29, 2018. Liu Youzhi/Southern Metropolis Daily via REUTERS Chinese authorities have arrested 26 people who were part of an iPhone smuggling operation between
The U.S Postal Service Is in Trouble, but Trump’s Tweets Won’t Fix It
A usps delivery man The USPS needs more customers like Amazon, not fewer. In recent days, President Donald Trump has decried the financial condition of the U.S Postal Service, which, in a series of much-discussed tweets, he has said is losing “Billions of Dollars.” That part is true. From 2013 to 2016, the USPS averaged
IATA says Air cargo growth continued in February
Global air freight demand rose 6.8 percent for the month, outstripping capacity growth for the 19th straight month, according to the latest data from the International Air Transport Association (IATA). Global air cargo volumes climbed 6.8 percent in February 2018 compared with the same month the previous year, according to the
Deutsche Post says its freight unit needs to improve – report
The Group's headquarters in Bonn Deutsche Post DHL Group’s freight unit has to improve significantly to make sure the German logistics group hits its 2020 targets, its chief financial officer told a German newspaper. The group last month said it expects earnings before interest and tax (EBIT) to rise to more than 5
