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xW60gOu8
27 days ago
Much of President Donald Trump's second term has focused on changes to the nation's capital.
But his ambitions to remake the physical architecture of the presidency transcend Washington: Trump wants to transform his West Palm Beach golf club into a presidential retreat modeled after Camp David.
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The plan calls for a parcel of the private club to be designated a permanent, official sanctuary for foreign leaders and future U.S. presidents, designed to host international summits and house presidents when they take vacations in Florida, according to a proposal presented to Palm Beach County officials by Trump International Golf Club's legal counsel. Future presidents would also be offered comped memberships to the Trump club.
"Just as Camp David, Windsor Castle, or the Elysee Palace are known worldwide, so too will the Presidential Golf Course in Palm Beach County," Harvey Oyer, a lawyer representing the Trump course, wrote to the Palm Beach County Board of County Commissioners in a letter last month. Oyer asked the county, which owns the property the course is on, to provide a piece of the land to the federal government, and he promised Trump would pay for the construction of a presidential residence and facilities on that land.

#Trump #county #golf #washington
FVaHWZvDQKdRe
2 months ago
Interested in Cardinal Health, Inc.? Here are five stocks we like better.
Cardinal Health expects growth to normalize in fiscal 2027 after fiscal 2026 benefited from unusually strong specialty growth, customer onboarding, acquisitions and solid healthcare utilization. Management said all five operating segments delivered double-digit earnings growth in fiscal 2026.
The company is expanding its specialty and at-home healthcare strategy through MSO platforms, bolt-on acquisitions and diabetes-related deals. Strive Medical has closed, while the AdaptHealth diabetes acquisition is expected to close in the second half of fiscal 2027, strengthening Cardinal's continuous glucose monitoring business.
Cardinal is prioritizing automated, small-parcel distribution of higher-value at-home products and plans to add three more automated distribution centers. Management also said cash flow was strong in fiscal 2026, putting the company about 90% of the way toward its previously announced $10 billion objective.
Cardinal Health Earnings: Can Perfection Get Priced In Twice?

#acquisitions
quickly343
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.

#Solar
dashna
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.

#project #next
90yMdwMrrmlxT
2 months ago
Cheapest freight isn't always best, especially when a late shipment can cost millions. ShipStation Global CEO Tom Madine breaks down why SMB shippers need parcel, LTL and truckload in one workflow, and why better freight decisions now matter more than just lower rates. From the merger that created ShipStation Global to adding more modes into the platform, this conversation gets into where shipping tech is heading, how data shapes carrier selection, and what smaller shippers actually need from logistics partners. #FreightTech #LTL #SupplyChain
ShipStation Global is formally launching its less-than-truckload product, marking the first tangible freight expansion since the merger of software provider Auctane, formerly the parent of the Stamps.com andShipStation,and WWEX Group, which previously housed freight brokerages like Worldwide Express. The company's CEO said the rollout represents the opening move in a broader strategy to let small and midsize shippers purchase and manage all transportation modes through a single platform.
"Today's the first day we've really launched the LTL product," said Tom Madine, CEO of ShipStation Global, noting the company plans to add truckload, final mile, and eventually ocean and forwarding capabilities after establishing its inland position.
The strategic rationale centers on eliminating the workflow gap that forced ShipStation users to leave the platform whenever they needed to move freight beyond parcel. Customer surveys repeatedly flagged the absence of additional modes as the top improvement request, he said. With LTL now integrated, shippers can manage inbound inventory movements alongside outbound parcel without switching systems.
"Cheapest is not always best…But at the same time, you don't want to overpay," Madine said, illustrating the point with a customer whose engine shipments carry multi-million-dollar consequences if delayed.

#madine #shippers #parcel #cheapest
rrdotrbpu
2 months ago
Small and midsize shippers are often forced to stitch together various tools for parcel labels, freight quotes, tracking, and much more. The fragmentation gets more expensive as a business grows past pure e-commerce, since the moment a merchant needs to move inventory between warehouses or ship a pallet instead of a box, they're forced out of whatever platform runs their day-to-day shipping and into unfamiliar territory.
ShipStation Global CEO Tom Madine has built the company's post-merger strategy around closing that gap, knowing that the same merchants who came to the platform for parcel labels are increasingly buying freight, too, and would rather not leave the software to do it.
The LTL rollout is the first major product integration since Thoma Bravo acquired WWEX Group (parent of Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics and BLX Logistics) and merged it with Auctane, the parent company of ShipStation, this past June. The combination created ShipStation Global, a company now valued at roughly $12 billion. CEO Tom Madine described the logic of putting the two businesses together as less about scale for its own sake and more about closing a gap both companies kept running into with customers.
"If you think about an e-commerce merchant that's selling through multiple channels, using multiple carriers with inventory in multiple places, it makes that a much more seamless and stress-free process for them, and allows them to manage everything through a single pane of glass," Madine said of the legacy ShipStation product, before pointing to what it had been missing. "There's nothing else like it on the market."
According to Madine, that gap had shown up repeatedly in customer surveys. "One of the most common requests that ShipStation would get in the legacy Auctane world was, 'When are you going to add other modes to the platform?'" he said. "Prior to today, if you were a ShipStation user, you were managing your entire workflow in ShipStation, except when you needed to move freight." Merchants who needed to move inventory between warehouses had to leave the platform entirely, log into a separate freight system, and reconcile the two.

#freight #inventory #multiple #auctane
ugqwyrv
2 months ago
The New York Giants had two selections in the top 10 of the 2026 NFL draft, and many experts believe they knocked both picks out of the park.
Not everyone, however.
Raul Allegre, a kicker who won two Super Bowls with the Giants in 1986 and 1990 under Bill Parcells, thinks they could have done better.
With the fifth-overall pick in the draft, the Giants chose Ohio State's Arvell Reese, a dynamic defender who can play both inside and outside linebacker. Five picks later, they grabbed Miami offensive tackle Francis Mauigoa, arguably the best offensive lineman in the draft.
Allegre believes the Giants should have targeted one of Reese's teammates with the fifth pick.

#draft #fifth #super
4mNKlTS
2 months ago
UK retailers selling online to EU consumers face new customs costs and data requirements as the bloc reforms its treatment of low-value imports, adding complexity to post-Brexit cross-border trade ahead of the Golden Quarter.
UK retailers selling goods directly to EU consumers face a new customs cost following the introduction of a temporary €3 duty on low-value imports.
The EU measure took effect on 1 July 2026 and applies to qualifying goods in consignments worth up to €150 imported from outside the EU. It replaces the previous customs duty exemption for low-value consignments and is scheduled to remain in place until 1 July 2028.
The duty is charged at €3 for each tariff category represented in a consignment, rather than per parcel or physical unit. For example, five T-shirts in the same tariff category would attract a €3 duty, while a T-shirt and a watch could attract €6 because they fall into different categories.
The reform is not aimed specifically at the UK. It applies to low-value imports from non-EU countries regardless of their country of origin.

#value #duty #customs
pvxdxmgf
2 months ago
Private equity firm Trident Management appears to be an early mover in bolting together small courier businesses onto a platform that can offer shippers greater regional density and reach as an alternative to large, legacy parcel carriers.
Trident-backed Priority Courier Experts, which serves B2B customers in the Minneapolis-St. Paul area and upper Midwest, last week said it acquired Priority Dispatch Inc. and Diamond Expedited, Midwest providers of same-day courier and box-truck freight services for the healthcare and e-commerce industries, and Atlanta-based Inpax Shipping Solutions.
Priority Dispatch was founded in Cincinnati in 1973. Diamond Expedited began serving the greater Chicago area in 1995. The companies, which were bought from the same individual, also cover Columbus, Cleveland, Dayton and Toledo, Ohio; Indianapolis; Detroit and Milwaukee, with 43 employees and more than 500 independent-contractor drivers. Their combined delivery traffic is about 250,000 orders per year.
Inpax is active in seven markets across the South, including Charlotte and Raleigh, North Carolina, Tennessee, South Carolina and Florida. With 75 employees and more than 335 owner-operators it delivers more than 400,000 orders per year. In addition to e-commerce pickup and delivery, it offers local and regional truck brokerage and tractor trailer freight.
In December 2024, Priority Courier Experts purchased Indianapolis-based Now Courier.

#Experts #indianapolis
wildly442
2 months ago
ShipStation, a provider of multicarrier parcel shipping software, is offering e-commerce sellers the ability to also select and coordinate with less-than-truckload operators at pre-negotiated rates in one integrated platform, bringing to life promised benefits from ownership's recent acquisition of freight brokerage Worldwide Express Group.
Few, if any, software-as-a-service companies that connect small-and-midsize merchants with parcel carriers offer a pallet-shipping solution.
"Most of those small companies don't have enough volumes to do full truckload so their first need after parcel shipping tends to be LTL, which creates this natural linkage between LTL freight brokerage and parcel," said Chris Wofford, the founder of Wofford Advisors LLC, a strategic advisory firm for the logistics sector.
In early June, private equity firm Thoma Bravo acquired WWEX Group and merged it with portfolio company Auctane, which provides shipping and fulfillment technology through brands like ShipStation, Stamps.com, Metapack and Packlink. The combined valuation of the companies is $12 billion.
WWEX Group companies include Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics and BLX Logistics.

#group #Logistics
329madlyjollydig
2 months ago
United Parcel Service announced Monday afternoon the adoption of a new operating model and leadership structure aimed at better exploiting its global network to accelerate profit growth as it evolves from a traditional small package carrier to more of an integrated logistics provider.
The timing of the move coincides with the major phase-out of low-margin Amazon business and downsizing of its domestic parcel network, which were largely completed by the end of June.
Under the new approach, UPS (NYSE: UPS) will standardize processes and procedures across geographies while maintaining the flexibility to meet the unique needs of local markets. UPS said it wanted to give customers greater consistency, agility, and scale as the company deemphasizes its traditional status as a small package carrier to focus more on being an integrated logistics provider.
As e-commerce growth normalized following the Covid-fueled boom and low-cost delivery competitors entered the market, UPS parcel volumes have stagnated.
Why It Matters: The company has stressed for two years that it intends to deemphasize last-mile delivery of e-commerce packages and focus more on high-value, premium market segments like healthcare, industrial, and automotive logistics, as well as services for small-and-medium size businesses. Now there is more concrete evidence about the direction UPS is going.

#Growth #package #integrated #provider
Xo0gSNbK
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
InPost is moving more packages. The problem is that not every parcel is arriving with a fat profit attached. The logistics group grew revenue and volumes fast in the first half, but margins got squeezed and profit guidance got cut. Growth is still there. The delivery bill just got heavier.
InPost reported first-half revenue of €1.89 billion (about $2.2 billion), up 24% from a year earlier, after handling 740 million global shipments, a 23% increase.
Adjusted EBITDA was €457.5 million, barely above last year with growth of just 0.3%. That is the tension in the update: the parcel machine is running hotter, but the profit engine is not keeping pace.
International operations are now the bigger story. Markets outside Poland contributed 54% of total revenue, showing how far the company has moved beyond its home base. In the Eurozone, second-quarter shipment volumes rose 30% year on year to 101 million parcels, while revenue climbed 37.9% to €287.1 million. Adjusted EBITDA in the region rose almost 40%, helped by stronger business-to-consumer demand and a bigger locker network.

#inpost
tAg1qXfz
2 months ago
ShipStation, a provider of multicarrier parcel shipping software, is offering e-commerce sellers the ability to also select and coordinate with less-than-truckload operators at pre-negotiated rates in one integrated platform, bringing to life promised benefits from ownership's recent acquisition of freight brokerage Worldwide Express Group.
Few, if any, software-as-a-service companies that connect small-and-midsize merchants with parcel carriers offer a pallet-shipping solution.
"Most of those small companies don't have enough volumes to do full truckload so their first need after parcel shipping tends to be LTL, which creates this natural linkage between LTL freight brokerage and parcel," said Chris Wofford, the founder of Wofford Advisors LLC, a strategic advisory firm for the logistics sector.
In early June, private equity firm Thoma Bravo acquired WWEX Group and merged it with portfolio company Auctane, which provides shipping and fulfillment technology through brands like ShipStation, Stamps.com, Metapack and Packlink. The combined valuation of the companies is $12 billion.
WWEX Group companies include Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics and BLX Logistics.

#parcel #Companies #wwex
wildy
2 months ago
Logistics rivals FedEx Corporation (NYSE:FDX) and United Parcel Service, Inc. (NYSE:UPS) shared the spotlight on August 20, when the U.S. Transportation Command awarded both giants modified defense contracts worth an estimated $2.72 billion each under the Next Generation Delivery Service-2 program. Securing multi-year government cash flows through September 2030 provides a steady baseline for both carriers. However, underneath this shared win lies a stark divergence in operational performance and investor sentiment.
Comparing FedEx's fiscal Q4 2026 with UPS's Q2 2026 highlights two distinct corporate turnarounds.
FedEx Corporation (NYSE:FDX) capped off its fiscal year with strong momentum. Q4 revenue surged 13% year-over-year to $25.0 billion, while adjusted EPS rose to $6.31, and management surpassed its $1 billion structural cost-savings target via its DRIVE program. With the spin-off of its Freight unit completed in June 2026, a leaner FedEx issued a confident calendar year 2026 outlook, projecting ~11% top-line growth and adjusted EPS of $16.90 to $18.10.
United Parcel Service, Inc. (NYSE:UPS) showed its own signs of life in Q2 2026 following a sluggish start to the year. Consolidated revenue increased 7.6% year-over-year to $22.8 billion, beating Wall Street expectations. Adjusted EPS came in at $1.76 against GAAP EPS of $0.71 (impacted by $891 million in transformation and driver severance costs). Adjusted operating margins expanded 40 basis points to 9.2%, led by a 21% operating profit jump in the U.S. Domestic package. The turn was strong enough for UPS to raise its full-year guidance, now projecting revenue of ~$91.2 billion and adjusted EPS of ~$7.22.
While both companies beat quarterly expectations and raised forecasts, FDX is currently outperforming on growth speed and structural network integration (Network 2.0), whereas UPS carries higher margin leverage but faces heavier transformation friction.

#year #corporation
6_qbnh
2 months ago
Social Security's 2034 trust fund depletion could slash monthly payments to 78%, making early claiming at 62 a compelling strategy for 1964-born Boomers.
$ARCC yields nearly 10% and $MO has raised dividends 57 consecutive years, both carrying Buy ratings from top Wall Street ****** ysts.
Reinvesting dividends from these 6%+ yielding stocks can more than offset the 30% reduction early Social Security claimants accept versus waiting until 67.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and United Parcel Service didn't make the cut. Grab the names FREE today.
Numerous studies indicate that the Social Security Old-Age and Survivors Insurance (OASI) trust fund is projected to run out of reserves in late 2032; while the program is not expected to go bankrupt or disappear, current taxpayers will still fund a large portion of the payments. Some project that payments could fall to 78% of a recipient's current payment. That means every $1,000 in payments could be cut to $780 if Congress does not intervene. The Social Security Administration says that if combined with the Disability Insurance trust fund, the depletion date is extended to 2034, when 83% of benefits would remain payable. The bottom line is that Congress will likely wait until the bitter end to fix things, as it has in the past.

#trust #early
zu4bynyubd
2 months ago
Camping one weekend on riverfront land held inside a self-directed IRA can trigger a prohibited transaction, deeming the entire account's value as taxable income, even if that value reaches $900,000.
That $900,000 income spike pushes the owner into Medicare's highest IRMAA bracket two years later, raising premiums by $578 a month or $6,936 a year.
IRA owners can avoid disqualification by never personally using or improving the property, and consulting a tax professional before setting foot on it.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A 63-year-old spots riverfront land in a federal auction and buys it through a self-directed individual retirement account (IRA). The parcel joins several other investments inside the account and sits untouched for a year. Then he spends one summer weekend there. He pitches a tent, cooks over a fire, and drives home Sunday night. No rent changes hands. He makes no improvements. It feels less like using a retirement ****** et than visiting land he already considers his.

#year #weekend #value #income
31push
2 months ago
NASCAR has not sold the remaining property of the California Speedway, which shut down in 2023. Yesterday, a quitclaim deed surfaced on social media, indicating that NASCAR sold the rest of the property it was holding onto.
However, today's reports say otherwise that NASCAR is still holding onto 90 acres of the California Speedway property. NASCAR previously sold 433 of the 522-acre property.
The new report that NASCAR has not sold its remaining property of California Speedway was brought to light by FOX motorsports reporter Bob Pockrass.
"It is my understanding NASCAR still has the parcel of land at Auto Club that it has had since it sold the majority of the property. The documents from May appear to be, from what I can tell, about an easement," Pockrass wrote via X.
An easement is a legal right allowing for a property owner to allow someone else to use their land for limited purposes. Pockrass added on X that NASCAR made it clear that it was a cancelation of an easement rather than a selling.

#california
gve_xe4
3 months ago
Not long ago, the idea of playing an NFL game on a Wednesday seemed completely foreign. Now, Wednesday has become an increasingly important day of the week on the NFL calendar.
The upcoming season will feature two Wednesday contests: A Super Bowl rematch between the Seattle Seahawks and New England Patriots on NBC opening night, and a new "Thanksgiving Eve" game between the Green Bay Packers and Los Angeles Rams on Netflix the day before Thanksgiving. Just a couple years ago, the NFL made some unprecedented scheduling tweaks to ensure it could air two games on Christmas Day, which fell on a Wednesday, when only a year prior the league suggested it wouldn't utilize the holiday if it fell on Wednesday.
The willingness to schedule games on days of the week that it had not previously considered viable is part and parcel with the league's ambition to add more standalone window national games. But don't expect the league to roll out a weekly "Wednesday Night Football" package anytime soon.
When asked about the NFL's utilization of Wednesday during a conference call this week, the league's top media executive Hans Schroeder indicated Wednesday will still be used sparingly.
"I don't know if we're looking at Wednesday night football as a night for regularly scheduled NFL game," Schroeder said. "I do think if you look at the growth of Thanksgiving specifically, and that holiday, and how core football, and food, and family, and bringing all that together, that the growth of Thanksgiving over the last handful of years has just been tremendous."

#wednesday #night #schroeder #fell
b103qaofaaypuivg
3 months ago
The national parcel carriers that once set retail delivery economics have spent a decade shedding their least profitable packages. What filled the gap is a deeper bench: regional carriers, 3PL cross-dock networks, gig courier platforms and private fleets. As it turns out, almost none of them talk to each other.
Burq, a last-mile delivery technology company, wagers that last-mile orchestration — the decision layer sitting above that bench — is the product enterprise retailers will actually pay for.
The shift is already underway. FreightWaves reported in July that carrier diversification is eroding the last-mile delivery duopoly: 55% of retailers now use carriers outside FedEx, UPS and the U.S. Postal Service, and more than a third are actively moving volume away from the two national giants. The payoff is measurable. In one example, home goods brand Caraway cut total parcel costs 20% after its 3PL began shopping every order across a network of regional and national carriers. Capturing that value requires knowing which provider performs in which ZIP code on which day. Most retailers do not know, because the systems that pick a carrier stop watching the moment the order leaves.
Jake Stein joined Burq four months ago to run growth for its retail sector, after four and a half years at Uber launching ship-from-store, same-day and on-demand programs on Uber Direct. The limitations of using a single network are what pushed him out.
"It still came down to that Uber couldn't be the single source for everything," Stein told FreightWaves. "Mostly gig, reasonably shorter distances, some batching but not large scale, no big and bulky. And they can't be 100% of every possible location."

#retailers
64dash
3 months ago
DHL Express has completed the $204 million expansion of its "super gateway" at Shenzhen Bao'an International Airport in South China's Guangdong province, tripling shipping capacity to 992 tons per day and enabling more direct cargo flights.
The project represents the company's largest investment in mainland China to date, supporting cross-border trade and time-definite international express services in one of China's most important manufacturing and export regions.
A gateway in the DHL network is a regional connection point that links local service centers to the global network. Some shipments from producers in Shenzhen and trucked to DHL's main terminal at Hong Kong International Airport if they need to reach other intercontinental hubs.
Once at full capacity, annual throughput is expected to exceed 286,000 tons, about 10 times the volume handled by the previous Shenzhen gateway, according to the China Daily News. Construction of the facility began in 2022. The heavily automated facility features high-speed sorting systems, automated storage, robotic arms and automated guided vehicles designed to efficiently and safely unload, store, handle, inspect and monitor parcels and larger shipments.
Complementing the expansion of shipment processing capacity, DHL has introduced a new dedicated air route with a widebody Boeing 767 cargo jet linking Shanghai; Bangkok, Thailand; Bahrain and Brussels, Belgium, to meet demand for air cargo transport between China and key markets across Asia, the Middle East and Europe, DHL announced this week.

#shenzhen #international #airport #express
bluntly_hawk_lynx_72
3 months ago
DHL Express has completed the $204 million expansion of its "super gateway" at Shenzhen Bao'an International Airport in South China's Guangdong province, tripling shipping capacity to 992 tons per day and enabling more direct cargo flights.
The project represents the company's largest investment in mainland China to date, supporting cross-border trade and time-definite international express services in one of China's most important manufacturing and export regions.
A gateway in the DHL network is a regional connection point that links local service centers to the global network. Some shipments from producers in Shenzhen and trucked to DHL's main terminal at Hong Kong International Airport if they need to reach other intercontinental hubs.
Once at full capacity, annual throughput is expected to exceed 286,000 tons, about 10 times the volume handled by the previous Shenzhen gateway, according to the China Daily News. Construction of the facility began in 2022. The heavily automated facility features high-speed sorting systems, automated storage, robotic arms and automated guided vehicles designed to efficiently and safely unload, store, handle, inspect and monitor parcels and larger shipments.
Complementing the expansion of shipment processing capacity, DHL has introduced a new dedicated air route with a widebody Boeing 767 cargo jet linking Shanghai; Bangkok, Thailand; Bahrain and Brussels, Belgium, to meet demand for air cargo transport between China and key markets across Asia, the Middle East and Europe, DHL announced this week.

#China #capacity #cargo #express
cxuzitrp
3 months ago
Global freight middleman Ceva Logistics has completed the acquisition of couriers Paack Iberia and Paack France for integration into Colis Privé, its European last-mile delivery business.
About 490 employees will join Colis Privé through the transaction, which aims to strengthen the company's domestic network in France while enabling it to expand into Spain and Portugal, two fast-growing e-commerce markets, the company announced last week.
Ceva Logistics, part of France-based conglomerate CMA CGM, originally announced the deal in late June.
Paack supports retailers with an extensive delivery network (82 transfer centers and more than 5,000 active pickup points) in the Iberian peninsula and six urban delivery stations in France, bringing packages to individual residences as well as out-of-home delivery points.
Based in the Aix-Marseille-Provence metropolitan area, Colis Privé relies on a national network of 56 sorting hubs and operational centers, as well as approximately 5,000 delivery drivers, to deliver parcels across France every day. In 2025, the acquisition of MIPI, which has more than 300 delivery drivers, strengthened its coverage of France's major metropolitan areas. The company serves leading French and international e-commerce players and is also present in Belgium and Luxembourg.

#france #delivery #colis #ceva
f0Zzy
3 months ago
By Francesco Guarascio, Sophie Yu and Casey Hall
HANOI/GUANGZHOU, China, Aug 10 (Reuters) - Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 soccer pitches — near Ho Chi Minh City, part of a grand experiment to make Vietnam a major export base.
When it was formulating those plans in late 2024, it seemed like a bet that, while risky, was worth making.
U.S. exemptions for duties ‌on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Trump had just been elected U.S. president for a second term and fears of a heightened trade war were soon realised, with ‌U.S. tariffs on many Chinese goods rocketing to 145% by April 2025.
Shein started encouraging its biggest Chinese suppliers to set up manufacturing bases in Vietnam.

#hall
4packetw3ldgrum
3 months ago
United Parcel Service, Inc. (NYSE:UPS) shares surged in premarket trading on July 28 after the package-delivery company reported a second-quarter beat and raised its 2026 outlook. Revenue reached $22.83 billion, above the $21.81 billion consensus estimate, while adjusted earnings of $1.76 per share exceeded the $1.66 estimate. UPS now expects full-year revenue of approximately $91.2 billion, up from $89.7 billion, and adjusted earnings of approximately $7.22 per share.
The more important development was operational. Eighteen months after announcing an accelerated reduction in lower-margin Amazon volume, UPS said it had completed the planned "glide down" and the related phase of its network reconfiguration. That did not end the Amazon relationship: Amazon had accounted for more than 13% of UPS revenue at its peak, but its contribution had fallen to 8.8% by the end of the first quarter.
That strategy was always supposed to make UPS smaller before making it more profitable. The second quarter offered the clearest evidence yet that the second part may finally be starting. U.S. Domestic average daily package volume fell 3.3%, but revenue rose 6% as revenue per piece increased 9.3%. Adjusted domestic operating profit increased 21%, lifting the segment's adjusted margin to 8% from roughly 7% a year earlier.
Still, the margin remains well below the International segment's 12.4%, and fuel surcharges contributed to the stronger revenue-per-piece result. The core tension is whether UPS has created a durably more profitable domestic network, or whether fuel surcharges and temporary restructuring effects made one quarter look better than the underlying cost structure.
The bull case is that UPS has begun to prove the logic behind sacrificing Amazon volume: fewer packages can produce more revenue and profit when the packages that remain carry better yields.

#revenue #Margin
tinyw0tty6
3 months ago
NEW DELHI: With India's growing injury list putting the spotlight on the BCCI Centre of Excellence (CoE), its head VVS Laxman has pushed back against the scrutiny surrounding the Bengaluru-based facility, insisting that injuries are an unavoidable part of a cricketer's career and that the focus should be on monitoring players rather than finding scapegoats.

The CoE has come under increasing scrutiny in recent weeks amid concerns over rehabilitation timelines, fitness ******* sments and communication between its sports science team and the national selection committee. Several key players are currently dealing with injuries, with Jasprit ******* rah, Sai Sudharsan, Harshit Rana, Nitish ******* ar Reddy and Washington Sundar among those facing fitness concerns.

Laxman, however, defended the institution's broader role, stressing that it should not be reduced to a rehabilitation centre.

"CoE is not merely a rehab centre. There are bigger roles to play for it in helping cricketers achieve excellence," Laxman said at a press conference in Bengaluru on Sunday.

His comments come at a time when the CoE's injury-management programme is under renewed examination, particularly with India set to begin a crucial Test series against Sri Lanka on August 15.
Laxman also refused to attribute India's injury problems to any individual or department, arguing that injuries are an inherent part of professional sport.

"Injuries are part and parcel of any player's career. That's why monitoring system is very critical. And we don't use the term blame then we will be trying to find scapegoats," he said.

The CoE chief pointed towards the facility's monitoring systems and the measures being used to ******* s players continuously, rather than relying solely on conventional fitness tests.

"Yo Yo test cannot be done when a player is part of the series, so we have introduced Bronco test by Adrian, so that the fitness can be monitored continously," Laxman said.

He cited ******* rah and Sudharsan as examples of players whose fitness was ******* sed through multiple parameters before decisions were made on their availability.

"Jasprit ******* rah and B Sai Sudharsan were picked as subject to fitness. We move them from one parameter to other before giving the clearance to play. The communication between CoE and team management is quite seamless," he added.

The comments are significant given the uncertainty that has surrounded the availability of both ******* rah and Sudharsan for the Sri Lanka Tests.

Both players were initially included in India's squad subject to fitness, but the CoE's medical and sports science experts ultimately opted for caution after ******* sing their respective conditions.

Bumrah's absence is particularly significant, with the fast bowler's knee continuing to cause problems after an impact injury. Fluid retention has required additional recovery time, forcing India to prepare for the series without one of their most impo
7tunnelw6lfmeg
3 months ago
King Charles and Queen Camilla have regularly appeared to be the perfect couple, and that even extends to the fact that the pair have sweet pet names for one another.
However, while many of us might be content with calling our significant other names like 'darling', 'sweetie' or a shortened version of their own name, the monarch and his love have more unique monikers.
Since the early days of their courtship, Charles has called Camilla 'Gladys', while Camilla has called her husband 'Fred'. The names are believed to have derived from The Goon Show, a radio show broadcast on the BBC that ran between 1951 and 1960.
Fred is a character who in the show manages to disappear right from underneath his mother's nose, while Gladys was known for her constantly changing voice and for responding to many questions by saying: "Yes, darling!"
Princess Diana previously said that Charles had previously purchased Camilla a bracelet with the initials of the characters entwined within it. Speaking to biographer Andrew Morton, she claimed: "I walked into this man's office one day and I said, 'Ooh, what's in that parcel?' And he said 'Oh, you shouldn't look at that.

#camilla #charles #show
prism
3 months ago
Vinted, one of Europe's largest marketplaces for buying and selling pre-owned items between private individuals, will direct customers in Germany to ship or exchange goods through DHL Group's (XETRA: DHL) network of parcel lockers and digital kiosks, under a new strategic partnership aimed at making peer-to-peer purchases as convenient as ones through online retailers.
Private-party sales of used items through online marketplaces have become very popular in Germany. According to the latest DHL E-Commerce Trends Report, 67% of online shoppers in the country have already sold items via a digital platform.
Vinted and DHL announced Wednesday they are working together to expand and simplify the shipping and collection of Vinted parcels through DHL's network of Packstations (automated, self-service locker systems that allows users to send, receive and drop-off parcels around the clock), Poststations (digital Deutsche Post retail outlets where users can take care of postal business) and DeinFach lockers (a carrier neutral parcel locker network).
DHL operates the most extensive parcel shipping network in Germany, including 41,000 parcel drop-off and collection points at post offices, parcel shops and automated facilities.
The Vinted collaboration builds on a multi-month pilot program that both companies recently completed, DHL spokeswoman Sarah Preuss explained in an email message.

#online #private
wvmoodymix25
3 months ago
Dorinda Medley is selling a rare 3.689-acre parcel of her iconic Blue Stone Manor estate in the Berkshires for $1.2 million
The RHONY alum and Golden Life star tells PEOPLE she decided to list the Massachusetts parcel while planning her estate and thinking about daughter Hannah's future
Medley also reflects on Blue Stone Manor's lasting Bravo legacy, her late husband Richard's surprise purchase of the home and the millions they spent restoring it
Blue Stone Manor has long been one of the most famous homes in the Bravo universe. Now, for the first time, one lucky buyer will have the chance to become part of it.
PEOPLE can exclusively reveal that Dorinda Medley is selling just under 3.7 acres from her famed Great Barrington, Mass., estate for $1.2 million — a rare opportunity that will allow a buyer to build a home on land that's long been part of the iconic property, with the Real Housewives of New York City alum's beloved Tudor mansion serving as its backdrop.

#stone #dorinda #people
NVVgefq2
3 months ago
Vinted, one of Europe's largest marketplaces for buying and selling pre-owned items between private individuals, will direct customers in Germany to ship or exchange goods through DHL Group's (XETRA: DHL) network of parcel lockers and digital kiosks, under a new strategic partnership aimed at making peer-to-peer purchases as convenient as ones through online retailers.
Private-party sales of used items through online marketplaces have become very popular in Germany. According to the latest DHL E-Commerce Trends Report, 67% of online shoppers in the country have already sold items via a digital platform.
Vinted and DHL announced Wednesday they are working together to expand and simplify the shipping and collection of Vinted parcels through DHL's network of Packstations (automated, self-service locker systems that allows users to send, receive and drop-off parcels around the clock), Poststations (digital Deutsche Post retail outlets where users can take care of postal business) and DeinFach lockers (a carrier neutral parcel locker network).
DHL operates the most extensive parcel shipping network in Germany, including 41,000 parcel drop-off and collection points at post offices, parcel shops and automated facilities.
The Vinted collaboration builds on a multi-month pilot program that both companies recently completed, DHL spokeswoman Sarah Preuss explained in an email message.

#parcel
openlyDRiFt
3 months ago
On July 23, both Union Pacific Corporation (NYSE:UNP) and Norfolk Southern Corporation (NYSE:NSC) delivered their Q2 results, giving investors better insight into which railroad stock is the better play. While both companies reported strong results, NSC's investment case is now tied to the possible acquisition. Investors must weigh UNP's standalone growth potential against NSC's risks and upside arising from the merger.
Union Pacific Corporation (NYSE:UNP) delivered an operating revenue of $6.9 billion and an adjusted EPS of $3.41, marking a surprise of 3% and 5%, respectively. Meanwhile, the company reported 6% EPS growth, with operating revenue up 12% YoY. Management sees full-year reported EPS growth in the high single-digit range, raising its 2026 outlook.
The strong results were mainly driven by freight revenue, which grew 12%, due to volume growth, fuel surcharge revenue, solid core pricing, and operational efficiency. The company reports being 10 basis points better on the operating ratio, standing at 59.2%.
ankush-minda-7KKQG0eB_TI-unsplash
A key highlight of the results was the company's intermodal strength, as it delivered its fourth consecutive record quarter in volume and revenue. Thanks to truck capacity and share gains, private ******* et, rail ******* et, and parcel volumes were all up double-digits.

#revenue #corporation #delivered

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