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TECH 15 Jul 2013 | 10:48 AM

Analysis: New e-commerce strategies threaten UPS, FedEx

Major US retailers are experimenting with new e-commerce strategies that could dent demand for package delivery services.

TECH 07 May 2015 | 1:44 PM

FAA in partnerships to test beyond-line-of-sight drones

The Federal Aviation Administration said it would work with two private US companies to test commercial drones that can fly beyond an operator's line of sight, a precursor to sophisticated drone operations such as package delivery.

Corporate News 28 Dec 2016 | 12:00 AM

GDEx set to ride on region’s booming e-commerce

PETALING JAYA: The booming e-commerce industry in the region is set to drive GD Express Carrier Bhd’s (GDEx) growth in the coming years.

Markets 25 Mar 2017 | 12:00 AM

Logistics firms running ahead of fundamentals?

EVEN before this week’s big Jack Ma event, logistics stocks have been seeing strong interest.

Corporate News 28 Mar 2017 | 12:00 AM

Share price of logistic firms continue to rise

PETALING JAYA: After having already rallied over the last few weeks, some logistics counters continued to rise, although analysts have attributed specific reasons as to why three particular stocks performed well

TECH 15 Jun 2017 | 7:04 AM

Uber's trucking ambitions in lower gear after Otto deal

Uber Technologies Inc's drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what the company can bring to the sprawling billion dollar industry.

Corporate News 27 Mar 2018 | 12:00 AM

Grab poised to be regional ride-sharing giant

PETALING JAYA: Malaysian-grown Grab has agreed to take over Uber’s operations in South-East Asia, creating a regional ride-sharing giant that is expanding its business into online payment and the food delivery business.

Business 14 Aug 2018 | 12:00 AM

Two Chinese EV sharing platforms in US$730mil push to fuel expansion

HONG KONG: Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totalling almost US$730mil to fuel their growth, people with direct knowledge of the plans said.