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UPS Strike Could Have Ripple Effect On Inflation, Supply Chains: 3 Potential Risks To Watch
Friday, July 21, 2023 - 11:53am | 809After 12 months in a row of easing inflationary pressures, a new danger might be around the corner, threatening disruptions for the nation’s supply chain. United Parcel Service Inc. (NYSE:UPS), the world’s largest publicly listed package courier, is in talks with the International...
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Shengfeng Drives Into Investor Fast Lane With Big Post-IPO Gains
Friday, June 30, 2023 - 8:26am | 1299Key Takeaways: Shengfeng’s shares have risen sharply since their IPO, giving the company valuation ratios well ahead of its Chinese and global peers The company is the latest in a recent flurry of new listings by Chinese logistics providers, which may be attracting investors for their growth...
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From Amazon To Cannabis: How These Two Companies Are Redefining Supply Chains For Efficiency & Compliance
Wednesday, June 28, 2023 - 5:12pm | 1122Given the state-by-state regulation and fragmented nature of cannabis supply chains, logistics play a vital role in overcoming challenges posed by compliance and regulatory requirements, inventory management as well as distribution and transportation. Managing diverse product inventory with...
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FedEx Q4 Earnings Preview: What Analysts Expect And How The Company Serves As A Bellwether For Economy
Tuesday, June 20, 2023 - 12:32pm | 859Delivery and logistics company FedEx Corp (NYSE: FDX) is set to report fourth-quarter financial results after market close Tuesday. Here’s a look at the key expectations from analysts and why the company’s earnings report could be a bellwether for the overall economy. Earnings...
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Amazon Overhauls Delivery Network, Focuses On Faster Delivery And Profits
Sunday, May 14, 2023 - 8:24am | 532Amazon.com, Inc (NASDAQ: AMZN) has overhauled its logistics and delivery mechanism to send products to customers more quickly. According to a report from The Wall Street Journal that was published on Saturday, Amazon has cut delivery times, reshaped its inventory...
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Jeff Bezos is Personally Investing Millions Into Startups in This 'Boring' Industry – Here's Why
Monday, March 27, 2023 - 12:47pm | 607Where venture capitalists (VCs) and billionaires invest their money in the startup world can serve as a powerful indication of the next big sectors to emerge. While artificial intelligence (AI) and robotics often dominate the spotlight, Amazon.com Inc. founder Jeff Bezos has recently turned his...
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UPS Investors Overlook 'Consistent Profitable Growth' In Face Of Macro Environment: Deutsche Bank
Tuesday, November 29, 2022 - 1:50pm | 463United Parcel Service Inc (NYSE: UPS) shares may be ripe for a buying opportunity as investors focus on headwinds and overlook the profitable growth opportunity ahead, according to a newly bullish analyst. What To Know: Deutsche Bank on Tuesday upgraded UPS from...
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FedEx Q4 Earnings Highlights: Revenue Miss, EPS In-Line, 2023 Guidance, Share Buyback And More
Thursday, June 23, 2022 - 4:29pm | 396Shipping and logistics company FedEx Corp (NYSE: FDX) reported fourth-quarter and full-year earnings after the market close Thursday. Here are the key highlights. What Happened: FedEx reported fourth-quarter revenue of $24.4 billion, which missed a Street consensus estimate of $24.57 billion,...
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How Autonomous Freight Transport Will Transform Logistics
Wednesday, June 15, 2022 - 5:26pm | 741By David L. Buss The ongoing labor shortage touched virtually every industry, including logistics. Amid rising shipping costs from fuel, companies are compelled to offer higher wages and competitive offers to secure drivers. Wages aren’t enough, however. The demand for drivers is...
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Amazon's Consumer Chief Is Jumping Ship To Head This Logistics Startup
Thursday, June 9, 2022 - 12:42am | 644Amazon.com, Inc’s (NASDAQ: AMZN) consumer chief Dave Clark is all set to become the CEO of Flexport, a technology platform for global logistics. What Happened: Flexport said Clark will assume his new role on Sept. 1 and will serve as co-CEO for a period of six...
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XPO Logistics to Split Company Into Two And Divest These Units To Unlock Value For Investors
Wednesday, March 9, 2022 - 7:46am | 394XPO Logistics Inc (NYSE: XPO) said on Tuesday it plans to split its key North American business units into two publicly traded units and aims to divest its European business and North American intermodal operation, a move that it says will unlock value for investors. What Happened: ...
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Baozun Stays Hooked on Alibaba With New Logistics Investment From Cainiao
Thursday, October 7, 2021 - 11:51am | 1250Key takeaways: Alibaba-backed Cainiao is paying $217.9 million for 30% of Baozun’s Baotong warehouse and fulfillment subsidiary Deal shows how Baozun remains dependent on Alibaba, despite ongoing attempts to diversify its customer base By Mia Shanley With China tech under intense regulatory...
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Container Ships Now Piling Up At Anchorages Off China's Ports
Friday, September 24, 2021 - 4:13pm | 1807There are over 60 container ships full of import cargo stuck offshore of Los Angeles and Long Beach, but there are more than double that — 154 as of Friday — waiting to load export cargo off Shanghai and Ningbo in China, according to eeSea, a company that analyzes carrier schedules. The number of...
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Lexaria Bioscience Corp.'s Solution For Faster And More Effective Drug Delivery
Friday, September 24, 2021 - 12:08pm | 780The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. One of the main challenges with drug delivery and the overall effectiveness of the drugs is first-pass metabolism/excretion Lexaria...
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FedEx Plays Game Of Chicken With Parcel Shippers' Budgets
Friday, September 24, 2021 - 10:48am | 1387The hole that FedEx Corp. finds itself in is, in some respects, not of its own digging. It can't force people to accept job offers, nor can it control the wages its competitors are willing to pay. It can't stop or slow the unprecedented surge in parcel-delivery volumes that have pulled forward...