Business, Technology, Logistics, Top 100

FedEx Introduces Way for Retailers to Outrace Amazon in Delivery

FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.

Thomas Black | Bloomberg News
January 29, 2019
Business, Technology, Logistics, Top 50, Top 100

UPS Expands Keyless Apartment-Building Entry That Started in NYC

United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.

Thomas Black | Bloomberg News
January 22, 2019
Business, Equipment, Logistics, Top 50, Top 100

Fleets Reap Riches by Expanding Into Last-Mile Service

Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.

Thomas Black | Bloomberg News
January 9, 2019
Business, Logistics

New Hire, Performance Strategy Spur Union Pacific’s Resurgence

Union Pacific Corp. surged the most since 2009 after hiring a protege of railroading legend Hunter Harrison to guide the company’s shift to a new efficiency strategy.

Thomas Black | Bloomberg News
January 8, 2019
Government, Technology, Logistics, Top 50

DHL Turns to Robots to Equip US Warehouses for E-Commerce

Worldwide delivery service DHL is deploying artificial intelligence, self-driving vehicles and product-picking robots at its warehouses in North America to help handle the surge in e-commerce demand.

Thomas Black | Bloomberg News
November 30, 2018
Business, Logistics, Top 50, Top 100

FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity

FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.

Thomas Black | Bloomberg News
November 5, 2018
Business

Cargo Boom Drives Carl Icahn’s $1.34 Billion Sale of American Railcar

Billionaire investor Carl Icahn agreed to sell American Railcar Industries Inc. for $1.34 billion, quintupling his investment as a freight boom spurs a rebound in demand for rail equipment.

Thomas Black | Bloomberg News
October 22, 2018
Business, Technology, Autonomous, Top 50, Top 100

XPO Logistics Set to Acquire 5,000 Robots From Peter Thiel-Backed Startup

XPO Logistics Inc. will buy 5,000 warehouse robots from a Singapore startup backed by billionaire Peter Thiel as part of a deal that makes XPO the only logistics provider to use the technology in North America, the U.K. and eight other European countries.

Thomas Black | Bloomberg News
October 3, 2018
Business, Logistics

Knight-Swift Shares Tumble Most in Four Years Amid Driver Shortage

Knight-Swift Transportation Holdings Inc. lost almost a fifth of its market value July 26, marking the biggest drop in four years, after sales fell because of a lack of drivers.

Thomas Black | Bloomberg News
July 26, 2018
Business, Logistics, Top 100

UPS Surges as Jump in Foreign Sales Defies Rising Trade Tensions

UPS Inc. rose the most in almost seven years as international sales surged and the courier’s ambitious investment plans started to win over investors.

Thomas Black | Bloomberg News
July 26, 2018