Business

Housing Starts Fall as Multifamily Projects Tumble

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.

Michael Sasso | Bloomberg News
October 18, 2024
Business, Technology, Equipment, Logistics, Autonomous

DHL Doubles Robots as Humans Alone Can’t Handle Holiday Crunch

DHL’s supply chain unit doubled its use of robots in the U.S. this year and now has about 1,500 picking robots at its warehouses around the country, on top of adding 15,000 seasonal workers, Oscar de Bok, chief executive of the unit, said in an interview with Bloomberg TV Dec. 10.

Michael Sasso | Bloomberg News
December 10, 2021
Government, Business, Logistics

Biden Port Envoy Vows Alliance Will Help Break California Logjam

President Joe Biden’s point-person for clearing the supply chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State.

Michael Sasso | Bloomberg News
October 28, 2021
Business, Technology, Logistics

Delivery Boom Breeds Hiring Crisis: Finding Enough Drivers

Every season now seems like peak season for Leonard Wright, who’s constantly recruiting drivers to staff his INPAX Shipping Solutions.

Michael Sasso | Bloomberg News
June 13, 2018
Business, Logistics, Top 100, Top 50

UPS Pilots Complain About Shortage of Airplanes

UPS Inc. already was in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge.

Michael Sasso | Bloomberg News
April 2, 2018
Business

UPS and FedEx Handle Record Holiday Surge With Minimal Delays

United Parcel Service Inc. and FedEx Corp. delivered almost all of people’s presents by Christmas Day, with the former company finishing strong after a bruising late November.

Michael Sasso | Bloomberg News
December 28, 2017
Business

UPS Says Deliveries Are Back to Normal After Shopping Surge

United Parcel Service Inc. says it’s gotten deliveries under control after a surge of online shopping caused some delays following Thanksgiving.

Michael Sasso | Bloomberg News
December 14, 2017
Government, Business

FedEx and UPS Surge as Investors Pick Winners From Tax Overhaul

FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.

Michael Sasso | Bloomberg News
December 7, 2017
Business, Technology, Logistics

UPS Warns of Temporary Delays After Cyber Monday Overwhelms Network

UPS Inc. is expecting slight delays in package deliveries after a surge in e-commerce sales swamped its network in the days after Thanksgiving.

Michael Sasso | Bloomberg News
December 5, 2017
Business, Logistics

UPS Hiring 95,000 Seasonal Workers to Keep Up With Holiday Surge

UPS Inc. expects to hire 95,000 temporary workers this year to help it with the annual holiday surge, when daily shipments rise by more than half.

Michael Sasso | Bloomberg News
September 20, 2017