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Maersk Opens New Logistics Center Near Hai Phong Seaport In Vietnam
Global shipping giant Maersk has opened its latest logistics and distribution center to cope with growing domestic demand in Vietnam and "significant trade growth" in the region. 0 read more.....»»
FedEx CFO: "We are here at the bottom, but we can see a way out"
“Disappointing,†“not pleased†— those were just a few of the words FedEx’s top leaders used to describe its second quarter 2020 results. The Memphis-based shipping and logistics giant reported its Q2 2020 results Tuesday, Dec. 17, and â.....»»
Metro to sell West Hyattsville land to the only developers who can build on it
The Washington Metropolitan Area Transit Authority is prepared to sell a 5-acre parcel adjacent to the West Hyattsville Metro station to the only development team that could buy it. The WMATA board on Thursday is expected to approve a joint develop.....»»
Jeff Bezos now has 3 women in his elite S-Team exec squad but they"re still massively outnumbered by 19 men
Amazon CEO Jeff Bezos runs the retail giant with the help of his "S-Team," a 22-member squad of senior executives. He just promoted six new execs into the squad, including two women: VP of fashion Christine Beauchamp and VP of advertising.....»»
Prologis And Norwegian Investment Arm In $2 Billion US Logistics Warehouse Venture
Logistics real estate giant Prologis Inc. (NYSE: PLD) and Norges Ban.....»»
Silicon Valley giant to lay off 280 employees at Memphis operation
A global logistics firm is laying off 280 workers in Memphis in early 2020, according to a state filing. Flex will permanently lay off the 280 workers in multiple phases, beginning in February 2020, at its 6380 E. Holmes Road location. The company fi.....»»
Deutsche Post Posts Mid Single-Digit Revenue Gains In Quarter, With Express Division Leading Way
German logistics and mail giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported a 4.7% year-on-year increase in third-quarter revenue on November 12, boosted by gain.....»»
Deutsche Post Posts Mid Single-Digit Revenue Gains In Quarter, With Express Division Leading Way
German logistics and mail giant Deutsche Post DHL Group.....»»
Startup Easing Ecommerce Returns Logistics Raises Investment From Maersk Growth
ZigZag, a London-based returns logistics startup, has raised strategic investment with Maersk Growth, the investment arm of shipping giant A.P. Møller – Maersk. 0 read more.....»»
Uber says it"s a friend—not foe—of public transit
It's an old question whether Uber is a friend or foe of public transportation. As part of its efforts to demonstrate that it is, indeed, a complement to mass transit, the ride-hail giant announced... To view the full story, click the title link......»»
Britain"s ARM to continue supplying chip technology to Huawei
Chip designer ARM will continue to supply Huawei Technologies after the British company’s legal team ruled that its chip technology is of UK origin and would not breach U.S. restrictions on supplying the Chinese tech giant. Ciara Lee reports......»»
Britain"s ARM to continue supplying chip technology to Huawei
Chip designer ARM will continue to supply Huawei Technologies after the British company's legal team ruled that its chip technology is of UK origin and would not breach U.S. restrictions on supplying the Chinese tech giant......»»
Kroger stumbles after Jefferies downgrades supermarket giant to hold
A team led by analyst Christopher Mandeville cut its price target on the Cincinnati chain to $26 from $29. They see nothing that will significantly drive growth in fiscal 2020......»»
GM strike"s economic toll: Idle trucks, packed warehouses
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
GM strike"s economic toll: Idle trucks, packed warehouses
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
G.M. strike"s economic toll
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
G.M. strike"s economic toll
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
G.M. strike"s economic toll: Idle trucks, packed warehouses
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
G.M. strike"s economic toll: Idle trucks, packed warehouses
The truck drivers at Phoenix Transit & Logistics in Dearborn, Mich., are long gone......»»
Blackstone buys $6B Colony Industrial portfolio
Blackstone is buying a 60 million square feet portfolio of last mile industrial assets for $5.9 billion. The asset management giant will announced it will purchase the logistics assets from Colony .....»»