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☆ UPS and FedEx are clawing back ground from smaller package-delivery firms. Here's how the little guys plan to defend their share.
  + stars: | 2023-04-13 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +7 min
Amazon, FedEx, UPS, and the postal service hold 97% of the US package delivery market. Smaller delivery companies were major beneficiaries of the pandemic boom times for e-commerce. "There was a long runway for these delivery companies when FedEx and UPS didn't want your business," said Derek Lossing, an Amazon Logistics alum who now advises investors. Smaller carriers are competing less with UPS and FedEx, and more with each other. UPS and FedEx will still be in the picture, but the smaller players can outperform them in some areas.
☆ Kentucky police arrest teenage suspect following $600,000 multiple car heist that took less than 45 seconds
  + stars: | 2023-03-09 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
A Kentucky car dealership had four Dodge Challenger Hellcats stolen from its showroom and two from its lot in about 40 seconds, reports say. The dealership manager told local outlets the thieves were gone 20 seconds before the alarm went off. Police arrested one teenage suspect for the $600,000 heist, officials said. Surveillance footage depicting the theft of three of the vehicles inside the dealership's showroom is now going viral online. So far, five of the six stolen vehicles have been recovered in various nearby counties and other states, officials said.
☆ The biggest threat to UPS and FedEx isn't Amazon. It's the gig economy.
  + stars: | 2021-04-27 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +8 min
Target's new delivery strategy shows FedEx and UPS are being disrupted by the gig economy. Top analysts see gig startups taking volume from UPS and FedEx. Gig delivery is leveling upOne gig driver delivering one order at a time isn't much of a competitive threat to the way UPS and FedEx move goods. Beyond same-day service, gig startups often offer live tracking and text updates for each order. On UPS' first quarter earnings call Tuesday, UPS CEO Carol Tomé acknowledged that gig logistics companies are competitors of UPS.
☆ Tech CEO on Silicon Valley: 'They're obsessed with all the things that I think are bad business'
  + stars: | 2017-09-05 | by ( Libkane | ) www.businessinsider.com   time to read: +2 min
In an interview with Adam Bryant of The New York Times, Fried told Bryant that he's mystified by some of the attitudes found in the tech world. But a lot of the tech world is obsessed with growth and revenue and not profit. They're obsessed with ego. They're obsessed with all the things that I think are bad business." AdvertisementApparently, this type of anecdote isn't unusual in the tech world — and it paints a picture of an intense work culture that could easily lead to burnout.
Persons: Jason Fried doesn't, Fried, Adam Bryant, Bryant, that's, They're, Uber, we're, Áine Cain, Insider's Chris Weller, Weller Organizations: The New York Times Locations: Silicon Valley
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