Tag Archives: deliveries

UPS shares tank after weak guidance, plan to slash Amazon deliveries

UPS shares tank after weak guidance, plan to slash Amazon deliveries

Amazon Prime and UPS trucks are seen in Washington, D.C., on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service closed down 14% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half. The shipping giant said …

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Amazon puts its drone deliveries on hold following two crash incidents

Amazon puts its drone deliveries on hold following two crash incidents

Amazon’s drones won’t be making any deliveries in the foreseeable future. According to Bloomberg, the company has paused all commercial drone deliveries in Texas and Arizona after a previously undisclosed event in which two of Amazon’s MK30 drones had crashed at the Pendleton, Oregon airport it uses for testing. MK30 is the company’s next-gen drone model, which is lighter and …

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Report: Amazon Pauses US Drone Deliveries Following Arizona Crash

Report: Amazon Pauses US Drone Deliveries Following Arizona Crash

Amazon has paused its US drone deliveries following a crash involving two drones in Arizona, Bloomberg reports. The drones reportedly crashed during rainy weather at the company’s testing facility in Pendleton, Oregon, in December. In another incident in September, the company’s testers accidentally launched two test flights at once, causing the drones to collide. The move means that Prime Air …

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Asus Partners With Zepto to Offer Quick Deliveries in Four Cities

Asus Partners With Zepto to Offer Quick Deliveries in Four Cities

Asus announced on Wednesday that some of its accessories will be available for quick deliveries in India via Zepto, the quick commerce company headquartered in Bengaluru that delivers items including groceries and electronics in about 10 minutes. Asus confirmed that select computer peripherals such as keyboards and mice will be available on the platform. The availability of these products on the …

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Lucid reports record quarterly deliveries, meets production target

Lucid reports record quarterly deliveries, meets production target

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target. The electric vehicle manufacturer reported …

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