La industria menos que la carga de la carga puede enfrentar un cambio sísmico a medida que circulan los rumores de que el gigante de comercio electrónico Amazon se está preparando para expandir las operaciones como un operador LTL de alquiler. Los mercados LTL, que ya están lidiando con tibias...
https://fullavantenews.com/amazon-esta-en-curso-para-volcarse-la-industria-ltl/?lang=es
The less-than-truckload industry may face a seismic shift as rumors circulate that e-commerce behemoth Amazon is preparing to expand operations as a for-hire LTL carrier.
LTL markets — already grappling with tepid demand and pricing pressures — now confront the specter of a formidable new entrant. Recent data suggests that the industry is approaching an inflection point where carrier pricing discipline could begin to erode.
Amazon’s strategic maneuvering toward LTL capabilities is evidenced by...
https://www.freightwaves.com/news/is-amazon-on-course-to-upend-ltl-industry
Canada’s Cargojet squeezed 16% more flight hours out of its existing fleet in the fourth quarter to accommodate a surge in demand for charter service from e-commerce sellers in China, resulting in a 32% year-over-year revenue gain to US$207 million.
Earnings were tempered by higher startup costs for charter flights, such as overtime pay for pilots, maintenance and ground handling, as adjusted pretax income came in 5% below analysts’ forecast.
Cargojet’s on-demand charter business increased...
https://www.freightwaves.com/news/rise-in-china-e-commerce-traffic-lifts-cargojet-to-record-revenue
Derren Nathan, head of equity research, Hargreaves Lansdown:
“The widely-expected UK rate cut hasn’t been enough to help propel the FTSE 100 beyond yesterday’s record close, as investors take on board the Bank of England’s hammer blow to its forecast for UK...
E-commerce and technology giant Amazon reported better-than-expected earnings and revenue for the fourth quarter, but company officials predicted slower growth for the upcoming period.
The Seattle-based company’s revenue guidance for first-quarter 2025 net sales is between $151 billion and $155.5 billion, lower than the $158.56 billion that analysts were expecting.
The guidance anticipates an unfavorable impact from foreign exchange rates, said CFO Brian Olsavsky.
“We estimate the year-over-year...
https://www.freightwaves.com/news/amazon-beats-q4-expectations-forecasts-slower-q1-growth
Sun Country Airlines said it expects to double cargo revenue within 12 months after integrating eight additional 737-800 converted freighter aircraft provided by Amazon into its dedicated fleet by August, CEO Jude Bricker said.
2024 was a banner year for the carrier’s cargo business, and management envisions an even better future as a new contract to operate package freighters for Amazon kicks in.
“I expect cargo revenue will roughly double by this time next year,” Bricker said during a...
The trucking industry offers a wealth of opportunities for hopeful small business owners to launch their own companies while simultaneously making a difference and creating meaningful jobs within their communities. Breaking into the industry, however, can involve high start-up costs and a lot of red tape.
The process of getting a business off the ground deters many people from ever starting. Amazon Freight Partner (AFP) aims to make that process easier to navigate. The AFP program was...
Mass layoffs continue across freight-related companies in the U.S. and Canada.
There were 7,173 job cuts recently announced by companies in California, Texas, Georgia, Maryland, Tennessee, Massachusetts, Wisconsin and Quebec.
It is the fifth wave of layoffs across the nation’s supply chain industry since early October, with a total of 16,919 workers losing their jobs, according to firms filing Worker Adjustment and Retraining Notification (WARN) Act notices.
Over the past eight weeks, companies...
The Cyber Security Bureau in Telangana, a state of India, has launched an investigation into a major fraud scheme involving 18 former Amazon employees who allegedly manipulated the company’s delivery system to claim about $11.8 million in fraudulent transportation reimbursements.
The scheme revolved around falsified delivery trips registered within Amazon’s logistics system. Authorities say the accused, in collaboration with U.S.-based suppliers, created fake...
https://www.freightwaves.com/news/freight-fraud-from-india-to-nigeria
Ο Χαβιέρ Μιλέι έχει ξεκινήσει να καταστρέφει το δίκτυο προστατευτισμού της Αργεντίνικης οικονομίας, καταργώντας πλήθος δασμών με σκοπό να μειώσει τις υψηλές τιμές σε οτιδήποτε: Από τις φριτέζες αέρος έως…
Επιχείρηση «φθηνή φριτέζα»: Το νέο πρότζεκτ του Χαβιέρ Μιλέι στην Αργεντινή – Η ΝΑΥΤΕΜΠΟΡΙΚΗ