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India

Lisa Baertlein

Amazon begins rolling out bigger UPS and FedEx-style delivery trucks

10:47am IST

LOS ANGELES/CHICAGO Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc.

Amazon begins rolling out bigger UPS and FedEx-style delivery trucks

10 Jul 2020

LOS ANGELES/CHICAGO, July 10 Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc.

COVID-19 delivery surge strains FedEx service, opening doors for UPS

01 Jul 2020

LOS ANGELES A months-long flood of coronavirus-related e-commerce packages is straining service FedEx Corp , giving rival United Parcel Service Inc an opportunity to steal market share, customers and consultants told Reuters.

Air freight rates head back to earth as virus-driven boom cools

19 Jun 2020

SYDNEY/LOS ANGELES An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.

Air freight rates head back to earth as virus-driven boom cools

19 Jun 2020

* Remain 40%-50% above normal but at risk of further declines

Port of Los Angeles slammed in May; pandemic, trade war endanger peak season

11 Jun 2020

LOS ANGELES The coronavirus pandemic and ongoing U.S.-China trade tensions threaten the peak holiday shipping season for the Port of Los Angeles, which just suffered its slowest May in more than a decade, Executive Director Gene Seroka said on Wednesday.

Ocean shipping shrinks as pandemic pummels retailers

05 Jun 2020

LONDON/LOS ANGELES/MADRID The $1 trillion container shipping industry is in a slowdown. Literally. | Video

Sell, stow or dump? Retailers wrestle with mountain of unsold stock

02 Jun 2020

MADRID/LOS ANGELES Forget fast or slow fashion, now it's ground to a halt. | Video

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