United Parcel Service Inc. plans to charge retailers extra fees to deliver packages during the busiest weeks before Christmas, creating a new challenge for an industry already coping with a shift away from traditional stores.
For decades, economics textbooks argued that suddenly weaker currencies are a boon to growth, because they make a country's exports more competitive or profitable on the global stage, which in turn boosts domestic production and employment. What if that theory no longer holds?
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to deploying it as a tool for realizing new operating efficiencies, while meeting rising customer demands for service.
Open source nonprofit IOTA has launched a $2m fund intended to foster growth of its distributed ledger technology, a derivative of blockchain technology aimed at the internet of things.
Global e-commerce was worth $1.9tr in 2016 - sustaining double-digit gains year-on-year. Many tech companies are now capitalizing on growth by providing merchant services to e-commerce businesses.
In a move designed to capture network costs associated with retailers who fail to meet peak volume commitments, UPS is looking to charge them for shortfalls this year, CEO David Abney told the Wall Street Journal.
The global sulfur emissions limit will drop to 0.50 percent in 2020, and most people are yet to appreciate what this will do to ship operators' finances.