Category «Business»

The Wing Delivery Network: coming in 12 months

Companies worldwide have been working for over a decade to develop drone technologies that will work together with ground transportation to improve last-mile delivery. Wing Delivery Network’s ultimate vision is to deliver people’s packages more efficiently and safely as part of an automated logistics system that moves boxes by the millions. The economics of drone …

Turning customer returns into profit and retention

The seventh annual FT 1000 ranking, compiled with data provider Statista, identifies those companies that have flourished and expanded, many benefiting as corporate and consumer demands shifted with the ebb and flow of the pandemic. In addition, the Financial Times ranking lists those European companies that achieved the highest compound annual growth rate in revenue …

What to do when addresses and entrances don’t match up?

Confused delivery drivers add time, cost, and frustration to deliveries. Much of this confusion comes from addresses and entrances not matching up exactly. Tech companies want to close the data gap between an address and a completed delivery. From accurate point-to-point navigation, finding unaddressed locations, assisting emergency and humanitarian organizations to help people in their …

New diesel trucks to be allowed until at least 2040

Trucks with combustion engines will still be able to be registered in the EU after 2035. A possible phase-out will be in 2040 at the earliest, according to an internal Commission document on the revision of CO2 fleet limits for heavy-duty vehicles. This document was made available by Euractiv. The EU Commission’s proposals will be published …

Amazon: fulfillment cost still not under control?

Amazon posted stronger-than-expected sales for the 2022 holiday shopping season. Net sales for Amazon, which has been battling cost-conscious consumers and higher costs, were $142.2bn in the last quarter of 2022, up 9 percent from 2021. Sales events during the holiday season offered glimmers of hope that Amazon’s retail business may be staging a recovery, …

Alibaba logistics group Cainiao grew 26% over the past year

China internet giant Alibaba Thursday reported September-quarter results that beat earnings but showed another quarter of weak revenue performance. The e-commerce firm reported adjusted earnings of $1.82 per U.S. share on revenue of $29.12 billion. On a year-over-year basis, Alibaba’s earnings rose 15% while sales increased 3%. In the prior quarter, revenue fell by 4%. Cainiao Logistics …