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Uber CEO On What's Driving Accelerated Growth, Timetable For Profitability, AI Potential
Tuesday, May 2, 2023 - 11:59am | 632Read More...Uber Technologies Inc (NYSE: UBER) reported better-than-expected quarterly results on Tuesday showing strong bookings growth. CEO Dara Khosrowshahi detailed the company's acceleration following the print. What Happened: Uber reported first-quarter revenue of $8.82 billion, which...
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UPS Investors Overlook 'Consistent Profitable Growth' In Face Of Macro Environment: Deutsche Bank
Tuesday, November 29, 2022 - 1:50pm | 463Read More...United Parcel Service Inc (NYSE: UPS) shares may be ripe for a buying opportunity as investors focus on headwinds and overlook the profitable growth opportunity ahead, according to a newly bullish analyst. What To Know: Deutsche Bank on Tuesday upgraded UPS from...
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'You Can Feel Yourself Baking': UPS Drivers Simmering In 150 degree Trucks, Can Bake Cookies On Dashboards
Wednesday, August 31, 2022 - 2:42pm | 667Read More...Summertime heat and the lack of air conditioning in trucks have long been problems for United Parcel Service, Inc. (NYSE: UPS) drivers. According to the company, this is because the delivery team makes “frequent stops, which requires the engine to be turned off and the doors to be opened...
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Walmart Signs Contract With Canoo To Revolutionize Home Delivery: How The Retail Giant Plans On Beating Amazon
Tuesday, July 12, 2022 - 6:04pm | 399Read More...The world’s largest retailer Walmart, Inc. (NYSE: WMT) has committed to purchasing 4,500 Canoo, Inc. (NASDAQ: GOEV) electric delivery vans, according to Teslarati. What Happened: On July 12, Walmart announced its partnership with Canoo. The EV maker's 4,500 Lifestyle...
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The High Cost Of Instant Delivery
Friday, February 11, 2022 - 1:25pm | 1044Read More...By Guru Hariharan, CEO of CommerceIQ The state of ultra-fast, 15-minute food and meal delivery is a lot like musical chairs, and right now, the game is in its early stages as growth surges within major cities, namely NYC. The music is playing, and competitors like DoorDash, Gopuff, Getir, Gorillas...
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Uber Stock Could See A Reversal In The Coming Weeks
Tuesday, December 14, 2021 - 3:57pm | 363Read More...Uber Technologies Inc (NYSE: UBER) shares are trading higher Tuesday after CEO Dara Khosrowshahi's participation in a discussion hosted by UBS. Khosrowshahi reportedly said he is confident Uber will come in at the top half of its guidance for the fourth quarter. Uber was up 4.77% at $...
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How Amazon's Quest To Become The Biggest US Delivery Service Could Impact FedEx And UPS
Thursday, December 2, 2021 - 6:54pm | 537Read More...Amazon.com, Inc. (NASDAQ: AMZN) said last week it expects to be the largest package delivery carrier in the U.S. by the end of 2021, if not in early 2022. The Amazon Analyst: Morgan Stanley analyst Brain Nowak has an Overweight rating and a $4,000 price target for Amazon shares. The Amazon...
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Can DoorDash Reach All-Time Highs? Option Analysis
Thursday, November 11, 2021 - 5:47pm | 408Read More...DoorDash Inc (NYSE: DASH) posted an earnings beat after-hours on Tuesday, rallying an impressive 25% an hour after the earnings were reported. What Happened: While there was a mild pullback on Wednesday, this Thursday has seen the stock rally again, albeit on lower volume. The stock is up more than...
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NYC Legislation Establishes Minimum Payment Per Trip For Delivery Drivers
Friday, September 24, 2021 - 12:16pm | 1361Read More...New York City is quickly becoming one of the front lines in the battle for gig worker protections. In May 2020, the city enacted commission caps on third-party delivery services, limiting the amount they could charge partnering restaurants to 15% in an effort to help them weather the economic...
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Lexaria Bioscience Corp.'s Solution For Faster And More Effective Drug Delivery
Friday, September 24, 2021 - 12:08pm | 780Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. One of the main challenges with drug delivery and the overall effectiveness of the drugs is first-pass metabolism/excretion Lexaria...
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FedEx Plays Game Of Chicken With Parcel Shippers' Budgets
Friday, September 24, 2021 - 10:48am | 1387Read More...The hole that FedEx Corp. finds itself in is, in some respects, not of its own digging. It can't force people to accept job offers, nor can it control the wages its competitors are willing to pay. It can't stop or slow the unprecedented surge in parcel-delivery volumes that have pulled forward...
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Grocers Love Online Sales. They Hate The Impact It Is Having On Margins
Friday, September 24, 2021 - 10:37am | 1076Read More...The COVID-19 pandemic accelerated online grocery sales, but for traditional grocers, the rise in sales is eroding margins and driving growth in an unprofitable business sector. That is the big takeaway from a new study of 206 U.S. grocers by Wynshop, a digital commerce technology platform, and...
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First In Line: Bed Bath & Beyond Joins DoorDash Marketplace
Wednesday, September 22, 2021 - 12:30pm | 890Read More...In May, Bed Bath & Beyond announced an agreement with DoorDash (NYSE: DASH) to provide same-day delivery. It is now taking the next step to market its goods with the delivery provider – joining DoorDash Marketplace. Bed Bath & Beyond (NASDAQ: BBBY) said it is the first home goods retailer...
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STB Keeps Busy With Mergers, Last-Mile Data, Reciprocal Switching
Wednesday, September 22, 2021 - 11:15am | 1224Read More...As the Surface Transportation Board considers the proposed merger between Kansas City Southern and Canadian Pacific, on the forefront of stakeholders' minds will be how the two will transition their operations to serve one network, according to two transportation attorneys speaking at FTR's virtual...
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FRONTDoor Collective Raises $7.5M For Sustainable, Last-Mile Delivery Standards
Tuesday, September 21, 2021 - 2:32pm | 883Read More...Last month, FedEx (NYSE: FDX), Walmart (NYSE: WMT), XPO (NYSE: XPO), Amazon (NASDAQ: AMZN), Instacart, and U.S. military veterans came together to form the FRONTdoor Collective (FDC), a network of franchised delivery service partners (DSPs) to help businesses manage the growing demand for last-mile...
















