Business, Technology, Logistics, Top 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

Thomas Black | Bloomberg News
October 28, 2019
Business, Logistics

American Railroads Are Already in Recession With No End in Sight

This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.

Thomas Black | Bloomberg News
October 7, 2019
Business, Technology, Logistics, Top 100

UPS Shipments Swell in Amazon Era

A $20 billion investment spree detailed by UPS CEO David Abney last year, a plan that initially rattled Wall Street, is bearing fruit. Profit margins are improving even as 112-year-old Big Brown copes with swelling volume from voracious online shoppers, who are typically less lucrative to serve than business customers.

Thomas Black | Bloomberg News
September 19, 2019
Business, Logistics, Top 100

Amazon-FedEx Split Sets Battle Lines in E-Commerce Delivery Feud

FedEx Corp.’s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

Thomas Black | Bloomberg News
August 8, 2019
Business, Technology, Autonomous

New, More Agile Robots Speed Takeover of Jobs From Humans

Robots that can see, learn and grip different items are advancing quickly into the retail, food-and-beverage, and consumer-packaged-good industries. While deliveries of robots to the U.S. auto industry fell 12% last year, shipments to food and consumer-product companies soared 48%.

Thomas Black | Bloomberg News
July 12, 2019
Government, Business, Logistics, Top 50, Top 100

FedEx Lobs New Attack on Trade Limits as China Threat Looms

FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.

Thomas Black | Bloomberg News
June 25, 2019
Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.

Thomas Black | Bloomberg News
May 3, 2019
Business, Technology, Logistics, Autonomous, Top 100

UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary

UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.

Thomas Black | Bloomberg News
April 23, 2019
Business, Technology, Logistics, Autonomous, Top 100

UPS, Startup Begin First Regular Drone Deliveries in US

UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.

Thomas Black | Bloomberg News
March 26, 2019
Government, Business, Logistics, Top 50

XPO’s Brad Jacobs Hits Brakes on M&As

After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.

Thomas Black | Bloomberg News
February 19, 2019