FedEx Corp. plans to hire about 70,000 seasonal workers to handle the holiday surge of packages, a 27% increase from last year’s peak, in what is expected to be an unprecedented level of delivery demand.
September 3, 2020Search
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US Trade Deficit Surges in July to Highest in 12 Years
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
September 3, 2020Airlines Are Removing Seats to Make Space for Cargo
Cargo, one of the least glamorous aspects of flying, is proving a rare ray of light for airlines amid the coronavirus gloom.
September 3, 2020GM CEO Mary Barra to Meet With Ivanka Trump at Job Training Site
General Motors Co. CEO Mary Barra will meet Sept. 2 with President Donald Trump’s daughter and adviser, Ivanka Trump, who is scheduled to tour the automaker’s training center north of Detroit.
September 2, 2020Amazon’s Whole Foods Opens Delivery-Only Facility in Brooklyn
Whole Foods Market on Sept. 1 opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles.
September 1, 2020Global Trade Seen Rebounding Faster Now Than Post-2008 Recession
Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy.
September 1, 2020Manufacturing Expands at Fastest Pace Since Late 2018
U.S. manufacturing expanded in August at the fastest pace since late 2018, powered by growth in new orders that are a bright spot in an otherwise struggling economy.
September 1, 2020Walmart’s Challenger to Amazon Prime Will Launch Sept. 15
Walmart Inc.’s answer to Amazon Prime finally has a launch date.
September 1, 2020Amazon’s Boler Davis in Mix to Become First Black Logistics Chief
When Alicia Boler Davis was elevated to Jeff Bezos’ vaunted S-Team leadership council earlier this month, she became the first Black executive to enter Amazon .com Inc.’s upper ranks — and a candidate to run the company’s far-flung logistics empire.
August 31, 2020Amazon’s Drone Delivery Fleet Hits Milestone With FAA Clearance
Retail behemoth Amazon .com Inc. took a big leap toward delivering goods from the sky by becoming one of only a handful of companies certified by the U.S. government to operate as a drone airline.
August 31, 2020