Freight Transport/Logistics

Danish shipping giant A.P. Moeller-Maersk said it will pause all transit through the Red Sea and Gulf of Aden until further notice following the attack on its vessel Maersk Hangzhou on Dec. 30.The shipping company said Tuesday that an investigation into the incident is continuing and that some vessels will be rerouted and continue their journey around the Cape of Good Hope in South Africa.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Danish shipping giant A.P.…

Updated Jan. 3, 2024 11:22 am ETSHENZHEN, China—E-commerce sellers Shein and Temu are offering a lifeline for small suppliers in China’s manufacturing hubs—but it isn’t always a straightforward win.In recent years, thousands of Chinese factories and vendors have joined the supply chain for Shein and Temu, whose popularity has exploded in the U.S. with their offers of inexpensive made-in-China goods, from T-shirts and handbags to electronics and kitchen items.Copyright ©2024Dow Jones & Company, Inc. All Rights…

Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in…

Updated Dec. 18, 2023 8:19 am ETBP will pause all oil-tanker shipments through the Red Sea after attacks in the area from Yemen’s Houthi rebels, adding to similar moves from major shipping companies in recent days.“In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea,” the London-based energy major told Dow Jones Newswires.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Listen to article(2 minutes)Amazon.com has grabbed the crown of biggest delivery business in the U.S., surpassing both UPS and FedExin parcel volumes.The Seattle e-commerce giant delivered more packages to U.S. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. The U.S. Postal Service is still the biggest parcel service by volume; it handles hundreds of millions of packages for all three companies. …

In her first year at Amazon.com, Beryl Tomay made a software code change for Amazon’s order-confirmation page that caused it to appear blank for customers for over an hour. Later on, she made a change to the database of the Kindle e-reader that prevented users from signing in or downloading anything. That error was so large that Jeff Bezos, Amazon’s founder, noticed and emailed to ask about the problem.Today, Tomay is in charge of a crucial part of Amazon that is in its busiest period right now: She oversees businesses…

The next recruiting hotspot for U.S. airlines in need of experienced pilots is FedEx and United Parcel Service.PSA Airlines, a regional carrier owned by American, is offering bonuses totaling $250,000 for UPS and FedEx pilots who can come work as captains and help fill a gap that has forced PSA to keep planes grounded and curtail service to some cities. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 The next recruiting hotspot for U.S. airlines in need of experienced…

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner…

The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…