Industries

Distribution

DoorDash shows surge in revenue growth, profitable quarter in IPO filing

DoorDash shows surge in revenue growth, profitable quarter in IPO filing

By: Anirban Sen, Joshua Franklin
Source: Reuters
Date of Publication: November 13th, 2020
DoorDash Inc, the U.S. food delivery startup backed by SoftBank Group Corp 9984.T, made public on Friday its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster IPO before the end of the year.
Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

By: Tina Bellon, Akanksha Rana
Source: Reuters
Date of Publication: November 6th, 2020
Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most important market, the United States.
fedex-is-upgrading-its-tech-for-a-holiday-season-in-pandemic-times

FedEx is upgrading its tech for a holiday season in pandemic times

By: Rob Pegoraro
Source: Fast Company
Date of Publication: November 4th, 2020
With people depending on deliveries more than ever, FedEx is calling in robots and adopting other gadgets to efficiently get packages where they’re going.
Lack of passenger flights squeezes air freight capacity in peak season

Lack of passenger flights squeezes air freight capacity in peak season

By: Jamie Freed
Source: Reuters
Date of Publication: November 2nd, 2020
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
Workers at Pfizer’s Kalamazoo, Mich. freezer farm

Pfizer Sets Up Its ‘Biggest Ever’ Vaccination Distribution Campaign

By: Costas Paris and Jared S. Hopkins
Source: The Wall Street Journal
Date of Publication: October 21st, 2020
The U.S. pharmaceutical giant is preparing to ship billions of Covid-19 vaccines using frozen boxes, cargo planes and trucks in a mega logistics operation.
Covid-19 Vaccine Race Turns Deep Freezers Into a Hot Commodity - WSJ

Covid-19 Vaccine Race Turns Deep Freezers Into a Hot Commodity

By: Jared S. Hopkins
Source: The Wall Street Journal
Date of Publication: September 4th, 2020
Drug, logistics and public-health officials assemble a cold-storage supply chain as experimental vaccines approach the end of late-stage testing.
Truck Stops Move Into the Fast Lane During Covid-19 - WSJ

Truck Stops Move Into the Fast Lane During Covid-19

By: Peter Grant
Source: The Wall Street Journal
Date of Publication: August 25th, 2020
Rising e-commerce, delivery demand and summer driving help buoy niche market amid pandemic.
XPO Logistics Surveys in US and UK Show Consumers Turn to Home Improvement during COVID-19

XPO Logistics Surveys in US and UK Show Consumers Turn to Home Improvement during COVID-19

Source: Globe Newswire
Date of Publication: July 23rd, 2020
XPO Logistics found in a survey that a majority of consumers would rather preform DIY projects than shop at stores during the pandemic.
International Medical Corps prepares for COVID-19 surge

International Medical Corps prepares for COVID-19 surge- FedEx

By: FedEx
Source: FedEx cares
International Medical Corps and Martin Luther King, Jr. Community Hospital partner to prepare for COVID-19 surge with the help of FedEx.
Uber's delivery service is now bigger than its rides business

Uber's delivery service is now bigger than its rides business

By: Sara Ashley O'Brien
Source: CNN Business
Date of Publication: August 6th, 2020
As the pandemic ground its ride-hail business to a halt, Uber's delivery service took on new importance. Now, it's Uber's biggest source of revenue.