The e-commerce wars just entered surreal territory, with Alibaba founder Jack Ma, a champion of global free trade, meeting the protectionist-leaning President-elect Donald Trump in New York this week to discuss how online retail can create up to 1 million new jobs over the next five years. “Jack and IRead More
Post Tagged with: "Donald Trump"
While FedEx founder and chairman, Fred Smith, generally supported the direction President-elect Donald Trump is taking with his pledges to improve the nation’s infrastructure and reduce the national debt, he was deeply critical of Trump’s repeated statements against global trade during his campaign and called for the new President toRead More
Amazon Prime Air now officially includes a drone fleet after the online retailer made its first customer delivery by drone. The Cambridgeshire delivery took place near Amazon’s UK drone-testing plant, where the company has been working with the government to test longer-distance deliveries. Jeff Bezos, Amazon’s CEO broke the newsRead More
Nullifying the Trans Pacific Partnership would be an “inauguration gift to China at the expense of rapidly developing countries like Vietnam,” said Freightos CEO, Zvi Schreiber. He joins a growing list of industry leaders voicing concern that scuttling the deal would put the U.S. at a disadvantage, while empowering China,Read More
Michael Ducker, president and CEO of FedEx Freight Michael Ducker, president and CEO of FedEx Freight, joined a chorus of logistics and transportation interests calling for President-elect Donald Trump to honor America’s commitment to the Trans-Pacific Partnership (TPP) and bolster extant trade ties. “Trade agreements are the solution, not theRead More
The coming presidency of Donald J. Trump may still seem like a large, unsettling question mark across the American landscape, but at least one air cargo group is excited about one of his campaign pledges. The Airforwarders Association is holding the incoming Trump Administration to its promise to invest US$1trillionRead More
China’s biggest online shopping day – the now-famous “Singles Day” (11/11) that has become the Chinese equivalent of “Black Friday” in the United States – began setting records right away, with Alibaba selling more than US$1 billion in the first five minutes and $7.2 billion in the first two hoursRead More