U.S. Treasury Secretary Steven Mnuchin alleged that Amazon has “limited competition” and harmed the retail industry as the Trump administration announced a broad antitrust review into whether technology companies are using their power to thwart rivals.
July 24, 2019Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Amazon Has ‘Destroyed’ US Retail Industry, Says Treasury Secretary Steven Mnuchin
UPS Will Go to Seven-Day Ground Service in 2020
UPS Inc. is joining the seven-day-a-week delivery business, announcing July 23 that beginning Jan. 1, 2020, the Atlanta-based shipping giant will add Sunday nationwide ground service.
Airgas Expands in Stockton, Calif., With New CO2 Plant
Airgas, an Air Liquide company and a U.S. supplier of industrial, medical and specialty gases, opened its new liquid carbon dioxide and dry ice facility in Stockton, Calif., on July 16.
July 22, 2019Kroger Goes Full Robot to Take On Amazon With Ocado
Kroger has unleashed a flurry of initiatives to ensure it won’t get thumped in a post-Amazon-buying-Whole-Foods world, but its biggest gamble is a partnership with British online grocer Ocado Group to build as many as 20 automated grocery warehouses in the United States.
Virginia Officials Roll Out I-95 Corridor Improvement Plan
Virginia transportation officials recently rolled out an I-95 Corridor Improvement Plan that will identify the top 25% of issues hampering commuters and freight.
Marten Transport Reports Company Record Revenue
Marten Transport Ltd. reported the highest operating revenue and operating income in the company’s 73-year history, according to a July 18 news release.
Heartland Express Reports Strong 2Q Earnings
Heartland Express Inc. reported July 18 another quarter of profit improvement despite a weakening freight environment in the second quarter of 2019.
Earthquake Damage Adds to Infrastructure Woes at Port of Alaska
The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure.
Renault’s Senard Plays Down Potential for Nissan, Fiat Mergers
Renault SA Chairman Jean-Dominique Senard appears to have put merger considerations on the backburner as longstanding partner Nissan Motor Co. needs time for a turnaround and a failed deal with rival Fiat Chrysler Automobiles NV remains “dead.”
Machines, Software May Be Best Bet to Conquer Final Mile, Experts Say
More than five years after a Christmas season in which UPS Inc. and Amazon.com offered refunds for late shipments, final-mile delivery still has plenty of kinks.