Cainiao halts airport expansion plan at Liège, while drones delay cargo flow
Cainiao Smart Network, the logistics arm of Chinese ecommerce behemoth Alibaba, has abandoned plans for ...
PLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GODHL: NEW CFO APPOINTMENT
PLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GODHL: NEW CFO APPOINTMENT
Matternet, the drone company well-known in air cargo circles, has linked up with Mercedes to develop van/drone deliveries. The German car company has invested in Matternet, and the pair yesterday unveiled the Mercedes Vision Van, equipped with an automated cargo space and delivery drones. The van driver can deploy the autonomous drones to deliver multiple packages to customers by air. It will also be equipped with cloud-based software to boost efficiency and productivity. Mercedes has also teamed up with Starship Technologies to develop a van with delivery robots. Forbes has published a concise article on these moves into the future of transport.
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