DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.
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.
When he was 13, Leo Mandella began posting photos of his street wear outfits to his Instagram account, @gullyguyleo, and with his sophisticated color sense, confident poses and baby face, he was a quick hit. His hundreds of posts earned him a follower count comfortably in the six figures, but still he craved more.
Amazon.com Inc. Chief Executive Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet "ever-rising" customer expectations.
DHL has been expanding its locations around the world to keep up with growing e-commerce and international trade demand — and its most recent expansion in southern California has doubled its intake capacity in Ontario, the company says.
Hyperloop Transportation Technologies, an independent company working to build the high-speed transportation system first envisioned by Elon Musk, has announced the beginning of construction on a test track in Toulouse, France.