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logistics

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized software and a more fragmented logistics industry where SMBs dominate. Fr8Labs wants to digitize Asia’s logistics industry with its SaaS operating system and has plans to turn it into an open ecosystem that multiple players can tap into with APIs. The Singapore and Indonesia-based startup announced today it…

How mathematics can improve logistics processes

Natasja Sluijk. Credit: Bart van Overbeeke How do you distribute drinking water fairly across an area recently hit by a natural disaster? Or how can you make sure you have enough bottles of water, granola bars and fruit in your delivery van to refill all the vending machines at a school when you don't know how full they are?

Amazon Tops UPS and FedEx to Become Biggest U.S. Delivery Business

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. 

Digital Twins Will Revolutionize Modern Logistics. Here’s How

As of 2022, the global market for digital twins was valued at $11.12 billion — and experts estimate an impressive annual growth rate of 37.5% from 2023 to 2030. Digital twins help connect the physical and virtual worlds, allowing workers to timely identify when things need fixing, work more efficiently, and create less waste. So, embracing the potential of digital twins is a crucial move as the logistics sector steps into the new Industry 5.0 era. What benefits can this technology bring to the logistics and supply chain…

GM's Self-Driving Car Unit Skids Off Course

Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its co-founders have quit and it is grappling to rebound from alarming mishaps. Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its co-founders have quit and it is grappling to rebound from alarming mishaps. 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…

SpaceX Rocket Test Reaches Milestone—And Ends With Explosion

Updated Nov. 18, 2023 1:46 pm ETSpaceX’s second test flight of its massive Starship rocket ended early Saturday when the uncrewed vehicle’s spacecraft blew up, though the launch made it farther than the company’s previous attempt.SpaceX said it lost contact with the Starship spacecraft about 15 minutes after launching from the company’s spaceport east of Brownsville, Texas, around 8 a.m. ET. A self-destruct mechanism appeared to trigger after contact was lost, exploding the craft, according to a SpaceX…

She Messed Up Amazon’s Website. Now She’s One of Its Leaders.

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

Virgin Galactic to Cut Jobs in Strategic Realignment

Virgin Galactic is cutting jobs and expenses as part of a strategic realignment to support production of its Delta Class spaceships.The Orange County, Calif.-based space travel company said in a memo to employees on Tuesday that it was having a harder time accessing capital due to interest rates and geopolitical unrest, making the cost-cutting necessary.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Virgin Galactic is cutting jobs and expenses as part of a strategic

American Airlines Dangles $250,000 Bonuses to Poach FedEx and UPS Pilots

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

P&G Earnings Show Its Pricing Power Endures

Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. 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…