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Uber Seeks to Build Up Freight Business

Uber Seeks to Build Up Freight Business

20/09/2019
Uber Technologies Inc. is digging deeper into the freight business, ramping up hiring at a planned new hub in Chicago and rolling out logistics services even as its core ride-hailing business continues to post steep losses. The company’s...

Tanker Operators Look to U.S. to Replace Saudi Oil Cargoes

Tanker Operators Look to U.S. to Replace Saudi Oil Cargoes

20/09/2019
U.S. crude shipments are set to rise as major Asian importers look to replenish supplies after attacks on Saudi Arabia’s oil facilities took out a big chunk of global oil output. “There are lots of inquiries for crude shipments out of the U.S. Gulf...

C.H. Robinson Worldwide to Double Spending on Freight Technology

C.H. Robinson Worldwide to Double Spending on Freight Technology

20/09/2019
C.H. Robinson Worldwide Inc., the biggest freight broker in North America, will double its technology spending over the next five years as it fends off challenges from a growing field of digital startups. The Eden Prairie, Minn.-based...