Anheuser-Busch, which ordered 40 electric semi trucks from Tesla last December, on Thursday upped its bet on a green fleet by placing a substantially larger order with a competitor.
With a commercial truck driver shortage looming, a high school in Patterson, Calif., decided to take a proactive approach by creating a truck driving school program dedicated to bringing new drivers into the industry.
Amazon.com Inc’s 20-percent hike in the cost of Prime membership should deliver more than $1bn in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.
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.
The United States lags behind other countries in readiness for an increasingly automated world, placing ninth on a ranking of 25 advanced economies, according to a new report from Swiss technology giant ABB.
Decades ago, Bradley Jacobs studied math and piano (classical and jazz) at Bennington and Brown before dropping out to make money. Now the balding 61-year-old CEO of XPO Logistics invokes that background to explain how he's parlayed sequential roll-ups in the gritty businesses of garbage collection, heavy equipment rentals and delivering stuff into a $2.6bn net worth.
Selling apparel and other merchandise over the internet is difficult enough for retailers as it is. Now they want to make it even tougher on themselves.