Contest Draws over 1,100 Innovative Product Ideas from a Record 71 Countries NEW YORK, Sept. 28, 2016 /PRNewswire/ — Hyliion of Pittsburgh, PA, developer of a hybrid electric technology for semi-trailers, has been awarded a grand prize of $20,000 in the 2016 “Create the Future” Design Contest. Hyliion’s system hybridizes the trailer portion of the tractor-trailer…
United Parcel Service (UPS) investors aren’t happy about Amazon (AMZN) developing its own delivery service. In fact, they’re very worried about it. Sure another delivery company (no matter how small) is never good for business. But investors are blowing the Amazon threat out of proportion. There’s a strong bear case for UPS, but the main…
FedEx is building upon its competitive advantages to drive long-term earnings growth. Last week, FedEx (NYSE:FDX) reported solid earnings for the final quarter of its 2016 fiscal year. Following the earnings report, FedEx’s executive team spent an hour answering questions from the analyst community. Here are five highlights related to FedEx’s long-term prospects, its recently…
German company’s acquisition strengthens its grip on European postal market and will put further pressure on Royal Mail in UK The family that turned a Harrow taxi firm into a postal company competing with the Royal Mail are in line for a £120m windfall after an agreed bid from Deutsche Post. UK Mail was founded…
The USPS has been looking for an updated version, potentially electric, of its longstanding mail delivery trucks – the Grumman LLV – for years now. The current quest (started in January 2015) is for something called the “Next Generation Delivery Vehicle” (NGDV), and things are finally moving on that front. The USPS has announced the…
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