Amazon.com, Inc. investors are always on the lookout for the company’s next disruptive business, and some believe it could be parcel delivery. Amazon Flex is not a major threat to United Parcel Service, Inc. and FedEx Corporation, according to Bernstein analyst David Vernon. Amazon Flex is Amazon’s crowdsourced delivery model that could potentially challenge FedEx
Logistics
Panalpina, RIM Logistics join blockchain standards group, BiTA
Swiss forwarder Panalpina and Illinois-based RIM Logistics have joined the Blockchain in Transport Alliance (BiTA), an organization of logistics companies that share the goal of developing blockchain standards and technology for the cargo community. Members include industry leaders like FedEx, PENSKE and UPS. Blockchain is an open-source encrypted database – popularized by
Cathay Pacific reports 7.9 percent increase in cargo traffic in April
Cathay Pacific Group has released its April 2018 traffic figures, showing a substantial increase of 7.9 percent in revenue tonne kilometers (RTKs), year-over-year. The month prior, in March, the group’s carriers experienced a decent, if more modest, figure of 4.9 percent year-over-year – an increase that may suggest that carriers can
UPS hits customers with new fees for oversized packages
In this Tuesday, May 9, 2017, photo, a UPS employee loads packages onto a truck at a company facility in New York. (AP Photo/Mark Lennihan) Seattle (Reuters) - United Parcel Service Inc will begin charging an extra $150 next month to handle oversized packages and pallets, along with a new charge for
DHL acquires Colombian warehousing company, expands Latin American presence
Suppla operates in five regions and covers in 25 cities in Colombia with 4,500 employees. The acquisition is enabling DHL Supply Chain to gain a competitive footprint in Colombia, a country with increasing competitiveness ranking and a favorable environment for foreign investment. DHL Supply Chain acquired Colombian company Suppla Group, a provider
Trump personally pushed postmaster general to double rates on Amazon, other firms
President Trump's push to have the U.S. post office double the rate the Postal Service charges Amazon is not the first time the Trump and Amazon have clashed. (Jhaan Elker/The Washington Post) Washington Post - President Trump has personally pushed U.S. Postmaster General Megan Brennan to double the rate the Postal Service charges
Green light for driving in Europe after Brexit
Eurotunnel - freight tunnel The Department for Transport said the agreement meant the continuation of existing insurance processes between the UK and EU. Millions of British drivers will be able to carry on using existing insurance policies in the EU after Brexit without the need for additional paperwork, the Government has confirmed. The
How to Improve Your Transportation Operations
Originally published by Logistics Management In this white paper, you will learn about six steps that allow shippers and 3PLs to improve transportation operations and increase supply chain value in the most ideal way possible. Improving Transportation in the Real World It's rare that a shipper or third-party logistics (3PL) provider has the luxury to sit
Blockchain-based app can hold supply chain partners accountable for container damage
Blockchain – The invincible technology changing the face of innovation of 2018 Logistics services provider TCompanies’ newest venture, Photo Equipment Interchange Receipt (PEIR), is an app for logistics companies that aims to digitalize the process of recording damage to containers and trailers. The PEIR app’s interface allows those handling freight at transition
Transit Oil Cargo At Tanzania’s Dar Port Grows By 50%
Dodoma - TRANSIT oil cargo through the Dar es Salaam port grew by 48.5 percent in the first months of this year as compared to corresponding period last year. According to the country's Petroleum Bulk Procurement Agency (PBPA) data, transit fuel shipped through the port increased by 49 percent, thanks to