Logistics

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

Loadsmart and Starsky Robotics said the companies have automatically dispatched an autonomous truck to haul freight.

Stamps.com Inc. shares surged Aug. 8 after the company raised the midpoint of its yearly forecast, easing some investors’ worst fears.

Americold Realty Trust, one of the world’s largest logistics companies focusing on temperature-controlled warehouse facilities, on Aug. 8 reported second-quarter net income dropped to nearly $4.9 million from $29.4 million in 2018, an 83.3% decrease.

Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.

Uber Freight announced a partnership with MercuryGate, an independent transportation management service provider.

FedEx Corp.’s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

Lyft Inc.’s second-quarter results blew past market estimates and won accolades from Wall Street, as analysts said they now see a clearer path to profitability and a “more rational competitive environment.”

Roadrunner Transportation Systems Inc. will narrow future operations to logistics and less-than-truckload after a disappointing second quarter, company officials said in an Aug. 7 news release.