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Major US retailers are experimenting with new e-commerce strategies that could dent demand for package delivery services.
EVEN before this week’s big Jack Ma event, logistics stocks have been seeing strong interest.
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.
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.
E-commerce stocks were some of the biggest winners in the second quarter.
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.
SEREMBAN: A regulatory framework being prepared by the Transport Ministry to govern motorcycle e-hailing service providers will also cover those using two-wheelers to deliver goods and other services, said minister Anthony Loke.