Amazon to Open 15 Sortation Centers in 2014
Amazon’s plans for new sortation centers are part of its larger goals of getting close to the customer, Sunday delivery and competing with major carriers.
Transportation
UPS Spending $175M to Add Holiday Shipping Capacity
UPS plans to spend $175 million to increase holiday shipping capacity, including adding 50 new hub sorts and going from limited to full operations on Black Friday.
Competition, Opportunity Behind UPS $1B Euro Investment
UPS’ decision to invest $1B in Euro operations was based on Germany’s surging economy, growth in healthcare spending and competitors’ logistical build-out.
Chinese Ecommerce Market Exploding But Logistics Tricky
While the Chinese ecommerce market is growing wildly, getting goods there can prove tricky, attendees were told at Multichannel Merchant’s Growing Global conference.
Incoming UPS CEO Backs Trade Agreements
Incoming UPS CEO David Abney said the company has to focus on growing international economies, better use technology and keeping the focus on employees.
NRF: June Port Traffic Highest in Five Years
July port traffic is projected to be at the highest level in five years, the NRF reports, as west coast port negotiations go on.
Report: UPS to Invest $1B in European Ops, Mostly Germany
UPS plans to invest $1 billion in its European operations over the next three to five years, mostly focused on Germany, according to CFO Kurt Kuehn.
IDS Acquires Aspen Logistics
The purchase of Aspen builds on Plainfield, IN-based IDS’s strategy in e-fulfillment to serve 90% of the US with 2-day ground service, a critical component in the rapidly expanding ecommerce market.
Two Sides Still Talking As West Coast Ports Remain Open
As the deadline passed July 1, the two sides continuing talking to avert a west coast port strike.
Study: West Coast Port Strike Could Cost U.S. Economy $2.5B Per Day
A joint NRF/NAM study found a West Coast port strike could cost the U.S. economy up to $2.5 billion per day.