In its most recent quarterly survey of airline business confidence, the International Air Transport Association (IATA) found that 80 percent of airline CFOs and heads of cargo saw an improvement in third-quarter profitability compared with the same quarter of 2016 – making it the strongest outcome IATA has seen in
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The flying drones that can scan packages night and day – BBC News
...flying drones taking away people's jobs. VIDEO Flying drones and robots now patrol distribution warehouses - they've become workhorses of the e-commerce era online that retailers can't do without. It is driving down costs but it is also putting people out of work: what price progress? It could be a scene from
Walmart will soon have robots roaming the aisles in 50 stores
The robots autonomously roam up and down the aisles of the store, picking out errors it sees.Walmart Walmart's robot fleet is expanding... Walmart is rolling out robots to 50 more stores. The robots go up and down the aisles, scanning for out-of-stock items, incorrect prices, and wrong or missing labels. It's part
BA Owner Sees Profits Soar and Eyes Opportunities as Rivals Fail
...International Airlines Group posted a big jump in third-quarter earnings amid a tough time for the wider aviation sector. The owner of British Airways overcame turbulence from terrorism and bad weather to post a 22% rise in profits in the third quarter - and said it was ready to seize opportunities
Subaru chief says inspections were flawed, like Nissan’s
In this Oct. 25, 2017, photo, Subaru Viziv concept car is displayed during the media preview of the Tokyo Motor Show in Tokyo. Japanese automaker Subaru is investigating whether it carried out illegal inspections on its own vehicles and if any recalls might be needed. Japanese media say unauthorized people
Sales of U.S. pickups lift Ford profit; self-driving test set for ’18
A Ford logo is shown at an event that celebrates the opening of the new U.S. production line where the 2013 Ford Fusion midsize sedan is made at the Flat Rock Assembly Plant in Flat Rock, Michigan. Photo by Bill Pugliano/Getty Images DETROIT (Reuters) - Ford Motor Co reported a better-than-expected quarterly net
UPS beats revenue expectations, boosted by international, supply chain sales growth
UPS SCS Case Study United Parcel Service Inc. UPS, -0.96% reported Thursday third-quarter net income of $1.26 billion, or $1.45 a share, compared with $1.27 billion, or $1.44 a share, in the same period a year ago. The FactSet consensus for earnings per share was $1.45. Revenue rose 7% to $15.98 billion,
Hyundai profit down 20 percent as China woe continues
SEOUL, South Korea (AP) — Hyundai Motor Co., South Korea’s largest automaker, reported a 20 percent plunge in its net profit Thursday, continuing its losing streak to nearly a fourth year, as its sales remain weak in China due to anger over a missile-defense system. Hyundai’s overall vehicle sales except for
Amazon will let delivery people inside your house
Maritime shipping industry could consolidate further
It's time to pull together Maersk Chief Operating Officer Soren Toft said that as growth in the shipping industry slows, merger and acquisition activity may begin to pick up again, according to a report from the Straits Times. The trend of mergers and consolidations in the maritime shipping industry in recent years