Freight-hauling firms slowed their roll in ordering new trucks last month, as backlogs at equipment factories spiked following record demand for new vehicles in the first quarter.
DP World and Los Angeles-based Virgin Hyperloop One this week launched their partnership, DP World Cargospeed — a venture intended to spearhead the development of hyperloop technology in the Middle East for the transportation of cargo.
The big Japanese akita dog is stopped in his tracks by the box on wheels, unsure whether it is an equal to be greeted or another south London surface to be marked. His owner, hot on his heels, is just as surprised when he rounds the corner.
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.
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.