FedEx has backed out of renewing its US domestic contract with Amazon as the e-commerce giant makes increasing forays into logistics.
The decision was announced on the company’s website on Friday, when it also noted that existing contracts between Amazon …
It seems the ultra-large container vessels (ULCVs) that have become the ‘new normal’ on the Asia-Europe tradelane have not proved as popular as the lines that operate them hoped.
Several shippers The Loadstar spoke to at Transport Logistic in Munich …
Dachser has ruled itself out of the top-tier M&A market in logistics, questioning the value of major acquisitions to customers.
Last week the German forwarder finally integrated its Irish partner, Johnston Logistics, after a two-year process, creating Dachser Ireland. But …
Belgium’s logistics community has launched a new platform aimed at speeding up the growth of its e-commerce market.
Be-Gate was launched by a collective, including Brussels and Liege airports, the ports of Antwerp and Zeebrugge and the country’s customs authority, …
The Los Angeles Times writes: “When President Trump unveiled plans to launch a trade war with China early last year, Marisa Bedrosian Kosters, an executive at an Anaheim-based ceramic tile and stone retailer, sprang into action. Like many of the …
CNBC reports: “Raytheon is in late-stage talks to combine with United Technologies’ aerospace unit in an all-stock deal to create a new company worth more than $100 billion, a tie-up that would consolidate the aviation and defense sectors, according to …
PRESS RELEASE
June 7, 2019
“FedEx has made the strategic decision to not renew the FedEx Express U.S. domestic contract with Amazon.com, Inc. as we focus on serving the broader e-commerce market. This decision does not impact any existing contracts …
