Denmark’s A.P. Moller-Maersk plans to compete directly with package delivery companies UPS and Fedex as it expands its transport and logistics business, its chief executive said on Tuesday.
Feb. 22 (Reuters)
A deal Thursday between UPS and U.S. electric van maker Workhorse Group Inc shows how the delivery industry is making progress to resolve a major obstacle to deployment of battery-powered commercial vehicles: Charging costs.
UPS, like its rivals in the package delivery business, faces pressure from regulators in major cities around the world to clean up its fleet of petroleum-burning vehicles.
Feb. 21 (TD.org)
It should come as no surprise then that UPS has incorporated VR technology into its driver training. Narayan explains that VR technology is an extremely useful training tool, especially in applications such as defensive driving. “When trying to develop such corrective behavior, you can reinforce habits effectively because the experience feels real and mimics real-life situations,” he says.
Feb. 20 (U.S. News & World Report)
Maersk, the world’s largest container shipping company, sold its North Sea-focused oil and gas business in August to France’s Total in a $7.5 billion deal in August as it focuses on transport and logistics.