The need to know
The need to know for the week ending 4th September 2020
The need to know from Reuters global network of journalists
Getting a coronavirus vaccine from manufacturing sites to some parts of the world with rural populations and unreliable electricity supply will be an immense challenge, given the need to store some vials at temperatures as low as minus 80 degrees Celsius (-112 Fahrenheit), Deutsche Post warned on Tuesday.
Maersk (MAERSKb.CO) will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its seaborne container and in-land logistics businesses, it said on Tuesday.
Walmart Inc (WMT.N) on Tuesday unveiled the perks of its new membership program, Walmart Plus, which will grant subscribers unlimited free delivery, fuel discounts and no checkout lines.
India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce.
Britain’s Marks & Spencer (MKS.L) made the first deliveries through its new online food shopping joint venture with Ocado (OCDO.L) on Tuesday, though the launch was marred for a “very small number” of customers whose orders were cancelled.
Amazon.com Inc’s drone service has received federal approval that will allow the company to begin testing commercial deliveries through its drone fleet, the e-commerce giant said on Monday.
Amazon Japan has submitted a plan to the country’s fair trade regulator on how it will improve practices suspected of violating anti-trust rules, the Asahi Shimbun reported on Friday.
China’s state planner said on Friday the country would aim to build one or two hub airports for cargo carriers by 2035, in the latest move from authorities to boost the development of the country’s air cargo industry.
Global port operator DP World and Canadian pension fund Caisse de dépôt et placement du Québec announced Thursday a $4.5 billion (C$ 5.89 billion) investment in their global portfolio of ports and terminals.
Britain is “absolutely confident” it will keep supply chains moving regardless of the outcome of negotiations with the European Union on a future trade agreement post Brexit, transport minister Grant Shapps said on Friday.
Belarusian President Alexander Lukashenko said on Tuesday that he was ready to re-route Belarusian cargo from Baltic ports to Russian ports in response to sanctions imposed by Lithuania, Latvia and Estonia, the Belta news agency reported.
The Chilean government on Monday threatened to invoke a state security law to penalise striking truck drivers blocking arterial routes and damaging supply chains after talks between the two sides broke down.
E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis.
General Atlantic-backed e-commerce firm Wish said on Monday it has confidentially submitted paperwork with the U.S. Securities and Exchange Commission to go public.
Brazilian logistics company Hidrovias do Brasil SA plans to raise up to 4.7 billion reais ($876.05 million) in an initial public offering, according to a securities filing on Wednesday.
From elsewhere around the web
What Will it Really Take to Move Supply Chains Out of China? It Starts with Mapping. [Supply & Demand Chain Executive]
eBay, UPS enter into enhanced tie-up. [FreightWaves]
August intermodal loadings best in US since late 2018. [FreightWaves]