Logistics
11 stories related to this topic, newest first.
Amazon Launches Supply Chain Services for External Companies, Securing Deals with Procter & Gamble and Others
Amazon announced on May 5, 2026, the launch of Amazon Supply Chain Services, offering shipping and delivery to external companies. Several firms including Procter & Gamble and 3M have signed on, while shares of rivals like UPS and FedEx declined sharply. Analyst Dan Ives describe…
upi.comAmazon Launches Supply Chain Services, Extending Freight Network to External Businesses
Amazon debuted its new Supply Chain Services on May 4, 2026, extending its freight and logistics capabilities to companies beyond its marketplace. The move provides global delivery options and mirrors the strategy behind Amazon Web Services. Shares of FedEx and UPS fell about 4%…
Cargo Workers and CU Logistics Affiliate Reach Collective Agreement After 10-Day Blockade
Unionized cargo workers and BGF Logis, the logistics affiliate of convenience store chain CU, signed a collective agreement on April 30, 2026, ending a 10-day blockade of key logistics centers. The deal raises freight rates by 7 percent and improves working conditions, following…
koreaherald.comHyundai Glovis Deploys Glovis Leader, Largest Vehicle Carrier with 10,800 Capacity
Hyundai Glovis Co. has launched the Glovis Leader, a pure car and truck carrier capable of transporting up to 10,800 vehicles. The vessel measures 230 meters long and 40 meters wide, with features for environmental compliance. The company plans fleet expansion to 128 vessels by 2…
bostonglobe.comUPS CFO Says Company Nearing End of Downturn and Anticipates Growth
The chief financial officer of United Parcel Service stated that the company is almost through a period of decline. He expressed optimism about returning to growth. This comment reflects the company's outlook amid recent economic conditions.
thehindubusinessline.comUPS Maintains Full-Year Outlook After Quarterly Earnings Exceed Estimates, Shares Decline
UPS reported quarterly earnings that surpassed expectations but kept its full-year guidance unchanged. The company's stock price fell following the announcement. This development reflects ongoing market reactions to corporate earnings in the delivery sector.
kr-asia.comDubai Monitors 200 Economic Indicators Daily Amid Iran Conflict and Port Disruptions
Dubai's economic leaders are monitoring 200 indicators daily to manage impacts from Iran's February missile strikes on the Gulf. CEO Hadi Badri said the city has engaged investors through webinars and created logistics alternatives amid port closures. Long-term targets under the…
Group Vandalizes DSV Offices in Birmingham Over Alleged Israel Weapons Transport
A group identifying as People Against Genocide vandalized the Birmingham offices of logistics company DSV, citing allegations of weapons transport to Israel. No immediate comments were provided by DSV or UK authorities. The incident occurred recently in the UK.
manilatimes.netViettel Post and FedEx Announce Strategic Partnership to Boost Cross-Border Logistics in Vietnam
Viettel Post, a member of Viettel Group, and FedEx revealed a new collaboration on April 23, 2026, in Hanoi. The partnership focuses on improving cross-border logistics and linking Vietnamese businesses to global supply chains. The agreement takes effect on April 26, 2026.
Iraq Commits $17 Billion to Development Road Rail and Highway Project
Iraq has committed $17 billion to the Development Road project, an infrastructure initiative involving a 1,200 km rail and highway network. The project extends from the Gulf to Turkey with connections into Europe, aiming to enhance regional connectivity. It is designed to bypass…
Piece of Cake Moving & Storage Expands Operations in U.S. Moving Industry
Piece of Cake Moving & Storage, founded in 2018 by Voyo Popovic, operates in major U.S. cities and completes over 100,000 moves annually. The company provides dedicated specialists and proactive communication to support customers during relocations. Popovic, who immigrated from M…