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Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market.
DP World and Los Angeles-based Virgin Hyperloop One this week launched their partnership, DP World Cargospeed — a venture intended to spearhead the development of hyperloop technology in the Middle East for the transportation of cargo.
Amazon.com Inc. Chief Executive Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet "ever-rising" customer expectations.
China will let foreign automakers from Volkswagen AG to Ford Motor Co. own more than 50 percent of local ventures, removing a two-decade restriction and giving a boost to global companies seeking to capture a greater share of the world’s largest car market.
The gap between warehouse demand and supply appears to be narrowing.
Package delivery company FedEx Corp said last week it will open 500 FedEx Office stores inside Walmart Inc’s U.S. locations, a partnership intended to help both companies attract new customers and handle online order returns.
Stretched for talent, big tech firms are looking outside of Silicon Valley to expand, and increasingly one of the beneficiaries has been the D.C. area.
In New York, an insatiable demand for warehouse space is colliding with a chronic land shortage. The only place for property developers to go is up.
Amazon has culled its list of potential sites for its second headquarters from 238 bids across North America to just 20.
Amazon has whittled its list of potential sites for its second headquarters from 238 bids across North America to just 20, the company announced last week.
Amazon said Monday that it received 238 proposals from cities and regions in the United States, Canada and Mexico hoping to be the home of the company's second headquarters.
Amazon.com is scouting North American cities for a second company headquarters, where it plans to hire as many as 50,000 full-time workers, the tech giant announced.
India's greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say.
India's bustling e-commerce transactions and a planned new national tax system that's expected to boost freight movement are prompting Deutsche Post DHL Group to expand warehouse capacity in one of the world's fastest growing major economies.
Campbell Soup Co. is cutting freight costs and improving operational efficiencies - as well as significantly decreasing carbon dioxide emissions - by opening an on-site PET bottle-making plant at a Campbell Soup Co. facility in Paris, Texas. The bottle-making company, Amcor Rigid Plastics,...