Latest Transportation and shipping News

Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Apr. 15, 2024 09:22 AM EDT

Global smartphone shipments rose nearly 8% in the first quarter, according to preliminary data from International Data Corp. It's the third straight quarter of shipment growth and marks the return of Samsung to No. 1. There were 289.4 million units shipped in the period, according to...

Mexican cartel not only forced vendors to buy chicken at inflated prices, they sold them bad birds

Apr. 03, 2024 19:29 PM EDT

MEXICO CITY (AP) — A Mexican drug cartel not only forced vendors to buy chicken at wildly inflated prices — they sold them chicken “not fit for human consumption,” investigators concluded this week. Prosecutors in the State of Mexico this week concluded a monthslong...

UPS to become the primary air cargo provider for the United States Postal Service

Apr. 01, 2024 14:49 PM EDT

UPS will become the primary air cargo provider for the United States Postal Service. The Atlanta shipping company said Monday that it had received an air cargo contract from the U.S. Postal Service that significantly expands an existing partnership between the two. ...

Japan’s exports rise nearly 8% in February on strong shipments of cars and machinery

Mar. 21, 2024 00:33 AM EDT

TOKYO (AP) — Japan’s exports rose 7.8% in February from a year earlier on strong shipments of cars and electrical machinery, the government said Thursday. Exports in February totaled 8.2 trillion yen ($55 billion), marking the third straight month of growth, according to...

Want to feel special? Stores and restaurants with paid memberships are betting on it

Mar. 18, 2024 06:15 AM EDT

NEW YORK (AP) — How much does it cost to feel special? At Chuck E- Cheese, the family entertainment and pizza chain, the price is $7.99, $11.99 or $29.99 per month. At the other end of the spectrum, the founder of a shopping app called Long Story Short wants to charge members...

Target launches new paid membership program in a bid to drive sales at a time of cautious spending

Mar. 05, 2024 17:39 PM EST

NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an...

Saks CEO Marc Metrick on how he's tackling online return fraud, a growing industrywide issue

Mar. 04, 2024 09:02 AM EST

NEW YORK (AP) — At Saks Fifth Avenue’s return area at its Manhattan flagship, shoppers now see a camera and signage highlighting the enhanced video surveillance and a new policy: customers must now show a photo ID. The company is also looking at ways to better scrutinize returned...

The RealReal: Q4 Earnings Snapshot

Feb. 29, 2024 18:51 PM EST

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — The RealReal Inc. (REAL) on Thursday reported a loss of $21.7 million in its fourth quarter. On a per-share basis, the San Francisco-based company said it had a loss of 21 cents. Losses, adjusted for stock option expense and restructuring...

Family Dollar Stores agrees to pay $41.6M for rodent-infested warehouse in Arkansas

Feb. 26, 2024 19:36 PM EST

LITTLE ROCK, Ark. (AP) — Family Dollar Stores, a subsidiary of Dollar Tree Inc., pleaded guilty Monday to holding food, drugs, cosmetics and other items under “insanitary” conditions at a now-closed, rodent-infested distribution center in West Memphis, Arkansas, federal prosecutors said. ...

Senators urge Biden to end duty-free treatment for packages valued at less than $800

Feb. 23, 2024 17:49 PM EST

WASHINGTON (AP) — Two U.S. senators looking to crack down on the number of packages from China that enter the country duty-free are calling on President Joe Biden to take executive action, saying U.S. manufacturers can’t compete with low-cost competitors they say rely on forced labor and state...