United Parcel Service Inc. is ramping up a “transformation” plan to cut costs across the organization as the delivery firm responds to changes in how people shop and nontraditional competitors such as Amazon.com Inc.
Truck maker AB Volvo beat first-quarter expectations thanks to strong demand for trucks and construction equipment across most markets but cautioned that its supply chain was coming under pressure.
Thailand government officials have a number of colorful ways of characterizing the state of the nation’s economy just prior to the military coup of May, 2014.
Supply chains are under tremendous pressure to perform better. The average consumer now spends considerable time researching the best prices for the products they want, they’re comfortable ordering online, and they expect swift delivery at a time that suits them.
Maersk and Rockstart, a European startup accelerator, have partnered in an initiative called FoodTrack to foster startups with ideas for tackling global food loss.
DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.