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Business, Logistics, Private, Global Freight

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024
Business, Private

91视频 Depot鈥檚 Q3 Results Top Expectations

91视频 Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street鈥檚 expectations.

November 12, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

November 7, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer 鈥楻eturnless Refunds鈥 to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

November 4, 2024
Business, Private, Top 100

PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs

The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week.聽Sales, delivery and warehouse functions will continue at the other three locations.

October 30, 2024
Business, Private, Top 100

PepsiCo to Close Chicago Plant, Offer 60 Days鈥 Pay

PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with 鈥減hysical limitations.鈥 The company said it would pay workers for the next 60 days

October 28, 2024
Government, Business, Equipment, Private

American Tire Seeks Bankruptcy After Deal With Lenders

American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has filed for Chapter 11 again as it considers a sale process to cut debt.

October 23, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that鈥檚 intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

October 22, 2024
Business, Technology, Logistics, For-Hire, Private, Global Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

October 17, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024