Chevy Bolt's Final Slice
For years, the Chevy Bolt has been cherished by electric vehicle enthusiasts as the most affordable option for American consumers. However, General Motors' decision to halt production at the end of 2023 to focus on electric ...
Record shipments
Tesla once again reported record shipments despite the issue of semiconductor failure.Tesla's sales and production statistics show strong growth, and if this pace continues, it will likely exceed its annual shipment forecast for 202...
Uber shares after forecast
Uber (UBER) said it could make up to $25m in profit in the third quarter on the back of improvements in both its taxi and delivery services. Uber shares posted their strongest one-day gain since early 2021.
Uber (UBER) sh...
The state of the company's stock
FedEx (FDX) shares fell 4.4% in after-hours trading after its financial report. The second US delivery company lowered its profit forecast for fiscal 2022 and said rising labour costs an...
The price of delivery
Delivery tariffs are rising faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs.
FedEx Corp on Monday said delivery rates will rise by an average...
Shipping Integration
The consolidation of shipping over the past 5 years has exacerbated supply chain problems caused by the occurrence of Covid-19, further delaying the movement of cargo across the sea.
Cargo owners and forwarders say that a handf...
Amazon's delivery business is close to becoming a separate enterprise
Amazon's logistics business has now grown to the size of a separate company that provides delivery services to other companies. Amazon is a growing competitive threat to FedEx and...
Uber and Transplace
Uber Freight, which brings together carriers and shippers on its platform, has closed a deal to acquire leading international logistics technology solutions provider Transplace.
Uber (UBER) said today it has ...
Uber's Q4 results
Uber on Wednesday summarised its Q4 and full year 2020 results, reporting a modest recovery in taxi service trips and a 130% growth in delivery services.
Uber shares, which have shown a strong 102.4% rise over ...
Self-driving drone delivery company Nuro has acquired purchased startup Ike, established by former Google employees, Uber and Apple. Ike is a startup that emerged from stealth mode in 2018 to capitalize on self-driving trucks for long-distance transp...
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