The need to know

The need to know for the week ending 29th May 2020


The need to know from Reuters global network of journalists

From bikes to blockchain: Shipping industry goes digital in lockdown

The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.

'How about next June?' Small meat processors backlogged as virus idles big plants

Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.

Deutsche Post DHL sees supply chains shifting due to virus

Deutsche Post DHL (DPWGn.DE), one of the world’s biggest logistics companies, has seen its customers push to diversify their supply chains during the coronavirus crisis, a senior executive told Reuters in an interview.

Coronavirus outbreak at South Korea e-commerce warehouse drives spike in new cases

South Korea reported the highest daily number of new coronavirus cases in 49 days on Wednesday, as one of the country’s largest e-commerce companies battled an outbreak linked to a now-shuttered logistics facility.

China's Geely to explore deeper cooperation with Daimler: chairman

China’s Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG (DAIGn.DE), its Chairman Li Shufu said on Friday.

FedEx set to take stake in German deliver firm Hermes: report

U.S. logistics company FedEx Corp (FDX.N) is close to taking a stake in German parcel delivery firm Hermes, the Handelsblatt newspaper reported on Wednesday.

Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba Group Holding Ltd is emerging as one of China’s biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country’s socio-economic engine.

Amazon in advanced talks to buy self-driving startup Zoox – WSJ Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported on Tuesday.

People must regain control over food supply chain after coronavirus, says new U.N. envoy

With panic buyers stripping supermarket shelves and long queues at food banks, the new coronavirus crisis has laid bare the challenges in ending global hunger, said the new United Nations Special Rapporteur on the Right to Food.

Online UK grocery spending hits record in lockdown shopping spree

Britons spent a record 1.2 billion pounds ($1.5 billion) online buying groceries during a four week period in April and May as they shunned supermarket trips during the coronavirus lockdown, industry data showed on Wednesday.

Amazon taps into food delivery services in India Inc is rolling out services to deliver food in India, pitting it against established players Swiggy and Zomato in a market that has seen explosive growth in the last few years.

Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt

Freight-forwarder Kuehne+Nagel (KNIN.S) may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in an interview.

Slump in consumption, exports push Germany into recession in first quarter

A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.               

From elsewhere around the web

Another great week for load volumes, now up 7% year-over-year. [FreightWaves]

Amazon Air picks San Bernardino airport for western hub. [FreightWaves]

Americans, It Turns Out, Would Rather Visit A Store Than Buy Food Online. [Financial Advisor]

Pop-Up Distribution Centers Overcome Last-Mile Delivery Obstacles Amid COVID-19. [Supply & Demand Chain Executive]

Amazon studies anti-collision method for robots to increase throughput. [SupplyChainDive]

Target tests post-store sort center for last-mile delivery. [SupplyChainDive]

UPS announces peak surcharges on certain domestic shipments starting Sunday. [SupplyChainDive]   

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