News
Ryder grows Chicago area capacity with new distribution center
Ryder System is adding more distribution center space in the Chicago area. Ryder said its new nearly 550,000-square-foot facility will open in suburban North Aurora, Illinois about an hour…
FedEx expects plummeting demand to pressure per-package revenue
Dive Brief: Plummeting delivery demand will pressure FedEx’s per-package revenue for the remainder of its fiscal year, which ends May 31, executives said on the company’s Q2 earnings…
Postal Service to acquire 66,000 EVs by 2028
Dive Brief: The U.S. Postal Service will acquire and use at least 66,000 battery electric vehicles by 2028, the agency announced Tuesday. No less than 45,000 of those vehicles…
Air cargo volumes, rates continue to plummet ahead of holidays
Dive Brief: Peak season is likely to bypass the air cargo market altogether after air freight demand fell for the eighth consecutive month in October, according to Clive Data…
Amazon showcases new Prime Air delivery drone design
Amazon unveiled a new delivery drone design on its website Thursday as the company continues to advance its Prime Air service ambitions. The MK30 drone is set to come…
Microsoft unveils ‘Supply Chain Center’ with Kraft Heinz, Daimler among customers
Microsoft is looking to compete in the supply chain tech space with several new tools designed to integrate various supply chain systems. The tech firm on Monday announced it…
Ocean carriers plan to reduce capacity as demand falls
Dive Brief: Ocean carriers plan to ramp up blank sailings to counteract softer demand and declining volumes. Maersk, Matson and Zim reported in Q3 earnings that they…
Amazon leverages ocean shipping for next-day delivery in Sweden
Dive Brief: Amazon is increasingly relying on ocean shipping for next-day delivery in Sweden, part of an effort to speed shipments while lowering transportation emissions. The e-commerce…
Victoria’s Secret moves freight from air to ocean in bid to save costs
Dive Brief: Victoria’s Secret has been moving shipments away from air in favor of ocean transport as freight rates stabilize, Chief Finance and Administrative Officer Tim Johnson said…
Why device infrastructure should be your next big tooling upgrade
Managing equipment in a complex and highly active environment like a warehouse or a public road is a big enough challenge on its own. Safety is priority one…
Maersk CEO to retire after 40 years with the company
Maersk CEO Soren Skou is set to retire, leaving after nearly 40 years with the company and serving as its chief since 2016. Replacing Skou as CEO is Vincent…
Air freight rates nosedive with shippers flocking to ocean
Dive Brief: Air cargo rates dropped for the third consecutive month in November as demand slows and shippers flock to an improved ocean landscape, according to a Dec. 7…
Costco slows chartered ship use as supply chain congestion eases
Dive Brief: Costco will slow use of chartered vessels as shipping congestion eases and ocean freight prices plummet, CFO Richard Galanti said on an earnings call last Thursday. The wholesale giant…
Walmart drone delivery service launches in Arizona, Florida and Texas
Dive Brief: Walmart’s drone delivery service with DroneUp is now available in Arizona, Florida and Texas, part of a wider plan to offer the same-day delivery option in six states by the end of…
FedEx Express expands New York City pilot of electric delivery carts
Dive Brief: FedEx Express has expanded the testing of electric carts to five New York City locations as it seeks to boost delivery efficiency in dense urban areas, the carrier…