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A service for shipping & logistics professionals · Sunday, May 4, 2025 · 809,320,280 Articles · 3+ Million Readers
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  • Published on May 2, 2025

    The Log9 Collapse: How The Battery Tech Startup Fell From Glory

    Amid the BluSmart-Gensol saga, which has become the new focal point for the debate around startup corporate governance lapses, the downfall of Log9 Materials has largely gone under the radar. After raising more than $60 Mn from VCs and industry majors, …

    Source: Inc42 - Neutral
  • Published on May 2, 2025

    BJP MLC slams ‘House Arrest’ show, calls for ban on vulgar content apps

    Chitra Wagh also appealed to Union Information and Broadcasting Minister Ashwini Vaishnaw to take strict action against mobile applications that host or distribute such content Maharashtra BJP MLC Chitra Wagh. Pic/X Maharashtra BJP MLC Chitra Wagh on …

    Source: Mid Day Mumbai - Pending
  • Published on May 2, 2025

    Top stocks to watch: Adani Enterprises, Eternal, Adani Ports, Federal Bank, PNB Housing, JSW Infra, NBCC

    Indian benchmark indices settled flat on Wednesday amid rising tensions between India and Pakistan, bucking reduced tariff concerns and strong FII inflows. BSE Sensex fell only 46.14 points, or 0.06 per cent to settle at 80,242.24, while Nifty50 shed …

    Source: Business Today - Indeterminate
  • Published on May 2, 2025

    New York City Council votes to lift cap on delivery fees

    Delivery apps applauded the new policy. | Photo: Shutterstock The New York City Council on Thursday approved a bill that will ease the city’s cap on third-party delivery fees, allowing apps like DoorDash to take a cut of up to 43% of each order. The …

    Source: Restaurant Business Magazine - Neutral
  • Published on May 1, 2025

    Unclear what UPS cuts will mean to Elkins

    ELKINS — There is still no word whether the United Parcel Service’s plan to cut almost 20,000 jobs this year — and to close 73 leased and owned buildings by the end of June — will have any effect on the UPS center located off the Beverly Five-Lane in …

    Source: The Inter-Mountain - West Virginia - Pending
  • Published on May 2, 2025

    Stocks in news: Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank

    Markets remained subdued for yet another session on Friday and ended largely flat. In today's trade, shares of Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank among others will be in focus due to various news developments and fourth quarter …

    Source: The Economic Times - Pending
  • Published on May 2, 2025

    #JusticeForLuke supporters gather in solidarity in Prince George

    When people learned that two boats belonging to the family banished from Haida Gwaii this week were being stored in Prince George, they headed there to continue a protest that began on the coastal island First Nation and has since spread across the …

    Source: Prince George Citizen - Pending
  • Published on May 2, 2025

    Pacific news in brief for 2 May

    DeepGreen Metals' partner Allseas acquired this former ultra-deepwater drill ship “Vitoria 10000” for conversion to a polymetallic nodule collection vessel. Photo: DeepGreen Metals New Caledonia - mining New Caledonia has joined a list supporting a …

    Source: RNZ - Public Broadcaster
  • Published on May 2, 2025

    Kuwait committed to labor rights

    KUWAIT: Kuwait reaffirmed its commitment to protecting labor rights and improving workers’ welfare during a conference organized by the ministry of foreign affairs on Thursday to mark International Workers’ Day. Held under the patronage of Foreign Minister …

    Source: Kuwait Times - Pro-Government
  • Published on May 1, 2025

    UPS Layoffs: Are 20K Jobs Being Cut Because Of Amazon?

    The United Parcel Service (UPS) plans to cut 20,000 jobs this year as part of a cost-cutting strategy driven by “new or increased tariffs” and a deliberate move to scale back Amazon shipments despite the retailer being its largest customer. 1. The Atlanta- …

    Source: Blavity - Left-wing
  • Published on May 1, 2025

    TRUMP TARIFFS: UPS cutting over 20,000 jobs due to ‘new tariffs’

    April 29, 2025 (USA)~The United Parcel Service (UPS) is expected to reduce its workforce by roughly 20,000 during 2025, citing “new or increased tariffs” and “changes in general economic conditions in the U.S. or internationally” for the cuts. UPS …

    Source: Los Cerritos Community Newspaper - California - Pending
  • Published on Apr 30, 2025

    Get the Facts: How UPS cutting 20,000 jobs globally could impact the economy

    The United Parcel Service is planning for significant changes with plans to cut 20,000 jobs and reduce the amount of volume they deliver for Amazon by more than 50% by June 2026. This restructuring marks what the company describes as "the largest …

    Source: WLKY - Kentucky - Neutral
  • Published on May 1, 2025

    Eternal Q4 report: Net profit plummets on Blinkit losses; food delivery stays in the slow lane

    Food and grocery delivery company Eternal – the parent of Zomato and Blinkit – reported a steep 78% year-on-year (YoY) fall in net profit at Rs 39 crore for the January-March quarter as losses from quick commerce continued to burden the bottomline. However …

    Source: The Economic Times - Pending
  • Published on May 1, 2025

    Latest Developments from the Connecticut General Assembly: The Labor Public Employees Committee Has Spoken (Part Two)...

    We have written about the General Assembly’s Labor and Public Employees Committee’s final flurry of activity approving and advancing bills out of committee.  [LINK TO PART ONE] In addition to the bills that we have already summarized, here is a brief …

    Source: JD Supra - California - Neutral
  • Published on Apr 30, 2025

    UPS Delivers A Q1 Beat; Package Firm Will Cut 20,000 Jobs, Shut Buildings

    United Parcel Service announced earnings early Tuesday that beat views and revealed plans to cut 20,000 jobs. UPS stock, which trades near five-year lows, fell moderately. Tuesday's report was UPS' first since President Donald Trump rolled out …

    Source: Yahoo Finance - Pending
  • Published on May 1, 2025

    Intensifying quick commerce race squeezes Blinkit's margins as it considers inventory model

    Quick commerce Blinkit's parent Eternal expects competition in the space to heat up, further dragging down the platform's earnings. "I think the impact of competition is visible in the lack of significant margin expansion that we would have …

    Source: YourStory - Neutral
  • Published on May 1, 2025

    Communication Minister applauds growth of Ghana’s Tech Ecosystem 

    By Hafsa Obeng Accra, May 1, GNA – Mr Samuel Nartey George, the Minister of Communications, Digital Technology and Innovations, has commended the remarkable innovation and quality of work within Ghana’s tech ecosystem, following a familiarisation tour of …

    Source: Ghana News Agency - Pro-Government
  • Published on May 1, 2025

    The Future of Digital License Plates and Real-Time Speed Enforcement

    Share Share Share Share Email Digital license plates are slowly entering the scene, and they’re doing more than just showing your car’s number. They can track your speed, alert the police, and even send updates in real time. Pair that with new tech in …

    Source: TechBullion - Neutral
  • Published on May 1, 2025

    Hived scales logistics network with new London depot

    Parcel delivery company Hived has opened a new depot in the UK capital of London that will enable it to handle up to 40,000 parcels a day and meet the growing delivery needs in the region. The new site at SEGRO Park Hayes is part of the company’s expansion …

    Source: Parcel and Postal Technology International - Neutral

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