Post Tagged with: "e-commerce"

FedEx launches e-commerce solution to counter Fulfillment by Amazon

FedEx launches e-commerce solution to counter Fulfillment by Amazon

February 8, 2017 at 10:46 am 0 comments

Yesterday, FedEx Supply Chain (formerly GENCO), the 3PL subsidiary of FedEx Corp. launched a new product, FedEx Fulfillment, which promises to be a direct competitor to Amazon’s popular Fulfillment by Amazon (FBA) program. Like Fulfillment by Amazon, FedEx Fulfillment offers small and medium-sized businesses the opportunity to outsource order fulfillmentRead More

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

Amazon to abandon Wilmington hub for Cincinnati/Northern Kentucky

February 1, 2017 at 9:41 am 0 comments

Yesterday, Seattle-based Amazon announced that it will shutter operations at Wilmington Air Park (ILN) in Ohio, and construct a new US$1.49 billion “centralized air hub” to support its Prime Air operations at nearby Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Kentucky – just 110 km to the southwest. In parallel, CVG Airport’sRead More

E-commerce challenges and opportunities in UPS’ fourth quarter

E-commerce challenges and opportunities in UPS’ fourth quarter

January 31, 2017 at 10:19 am 0 comments

Take your pick: UPS reported either a quarter-billion dollar net loss or a one-and-a-half-billion dollar net profit for the fourth quarter of 2016. On an as-reported basis, UPS suffered a net fourth-quarter loss of $239 million, and an operating loss of $428 million, as revenue rose 5.5% to $16.93 billion.Read More

E-commerce drives massive quarterly profit for Alibaba

E-commerce drives massive quarterly profit for Alibaba

January 25, 2017 at 10:43 am 0 comments

Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at rightRead More

Cargo Facts’ parent launches new media venture: Mobility Buzz

Cargo Facts’ parent launches new media venture: Mobility Buzz

January 25, 2017 at 7:35 am 0 comments

Royal Media, the New York-based trade media company and publisher of Cargo Facts, has launched Mobility Buzz, a new media venture to cover the emerging mobility space. Mobility Buzz, Royal Media said, is the first publication to focus on mobility startups and new technologies in the transportation sector. In theRead More

Hong Kong’s U-Freight: Industry only ‘scratched surface’ of e-commerce

January 8, 2017 at 11:10 am 0 comments

 After attending the recent Amazon Global Selling Expo in Hangzhou, China, Hong Kong-based logistics firm U-Freight Group said that the growth potential for global e-commerce is “far from exhausted,” even in well-established regions, such as the United States, Europe and Japan. U-Freight CEO Simon Wong added, however, that the airRead More

Amazon makes its first commercial drone delivery

January 7, 2017 at 11:13 am 0 comments

On 7 December, Amazon’s Prime Air made its first commercial delivery with an unmanned drone. The delivery took place in Cambridgeshire, near Amazon’s UK drone-testing plant, where the company has been working with the government to test longer-distance deliveries. Jeff Bezos, Amazon’s CEO, broke the news on Twitter, announcing thatRead More

What is eWTP, and why you should care

What is eWTP, and why you should care

January 4, 2017 at 10:24 am 0 comments

2016 was a record year for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. The number of imported product categories available on Tmall Global climbed almost 50% to 3,700, with offerings from more than 14,500 international brands from sixty-three countries. And it wasn’tRead More