Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
Category: Delivery Services
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UPS to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall
After what the company called a “difficult and disappointing” 2023, UPS said the cuts would save $1 billion this year.
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Proposal to Reduce Royal Mail Deliveries in U.K. Draws Ire
Letter volumes have halved since 2011. Without significant changes, the beleaguered Royal Mail services will become “out of date,” according to a report.
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New York Food Delivery Workers, Overlooked in Life, Are Honored in Death
A Facebook page chronicles the deaths of dozens of bike-riding workers who delivered food in New York City, lionizing them as fallen heroes.
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The ‘2024 Problem’: Japan Grapples With a Shortage of Truck Drivers
The country is moving to curb the industry’s punishing work hours. But that could leave a shortfall that disrupts Japan’s entire logistics system.
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DHL Workers at Kentucky Air Cargo Hub Go on Strike
Workers who load and unload cargo planes at DHL’s hub near Cincinnati walked out after months of negotiations failed to produce a contract.
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Look, Up in the Sky! Amazon’s Drones Are Delivering Cans of Soup!
Amazon’s much-hyped drone project is dropping small objects on driveways. Some customers are not sure what it delivers beyond minestrone.
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No Tip for Your Delivery Driver? Then Be Prepared to Wait, DoorDash Says.
The app-based delivery company said it was testing using a screen to tell customers who didn’t leave a tip that their order might take longer to arrive.
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Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market
After scrambling to fill out work forces in recent years, many companies are reporting more modest goals for temporary employment.
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In China Businesses Cut Prices as Consumers Spend Less
Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
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Instacart Soars 40% as It Begins Trading, an Encouraging Sign for Tech I.P.O.s
Shares opened at $42 on Tuesday, valuing the grocery delivery company at $13.9 billion.
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Instacart Prices I.P.O. at $30 a Share, Raising $660 Million
The grocery delivery company priced its offering at the high end of expectations, in a potentially upbeat sign for tech public offerings.