The US Postal Service reported a total net loss of $1.3 billion in the second quarter. It lost $562 million a year ago. The USPS posted a controllable loss of $656 million in the second quarter, compared with income of $12 million for the same period a year ago.
Shop2Me by Moov Africa opens U.S Online Shopping to Nigeria
...Shop the U.S from Nigeria with Naira and Shop2Me pays, gets the goods and brings to you in Nigeria. Shop2Me, an online shopping and delivery service has been launched by Moov Africa, a fledging logistics services provider. The platform which has been on for a while was formally flagged off in Lagos at
Walmart ends grocery delivery deal with Uber and Lyft
In 2016, Walmart announced that it would begin testing grocery delivery in conjunction with Uber and Lyft. Today, however, Reuters reports that those partnerships have come to an end, which was confirmed by Walmart and Uber. TechCrunch first reported in 2015 about Uber’s plans to launch a merchant delivery system, wherein goods from retailers would be
UPS has new electric trucks that look straight out of a Pixar movie
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
Pilots who safely landed Southwest flight after deadly engine failure on what happened in the cockpit
Pilots who safely landed Southwest flight remember the moments they knew there was trouble Tammie Jo Shults and Darren Ellisor, the pilots who safely landed a Southwest Airlines plane on April 17 after one of its engines failed, said it was teamwork and training that helped them get through the “life-changing” experience that
BMW recalls 300,000 cars that risk stalling completely
Ford suspends production of F-150 trucks
Ford is suspending production of its F-150 trucks after a fire at a supplier's facility caused it to run out of parts for the nation's best-selling vehicle. Ford will temporarily stop making the F-150 at its plant in Dearborn, Michigan, on Wednesday night. The company had already suspended truck production at
Air France KLM raises estimate of impact from strikes to 400 million euros
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
IATA reveals Nigeria, other African Airlines recorded 11.2% air passenger traffic growth in March
The International Air Transport Association said Nigeria and other African countries recorded 11.2 percent increase in its global passenger traffic results for March 2018 compared to the same period in 2017. IATA stated that African airlines continued to enjoy very strong demand as well, adding that the percentage increase was more