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发布时间: 2025-05-30 06:18:13北京青年报社官方账号
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Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

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Feeding America, a network of 200 food banks across the United States, expressed concern on Wednesday on pending legislation that could strip food stamps from the Supplemental Nutrition Assistance Program away from nearly 3 million Americans. House Resolution No. 2 is up for consideration by the House of Representatives, which would add employment stipulations to some food stamp recipients, and their families. Feeding America's primary concern is that the nation's food banks will not be able to handle increased demand if the legislation becomes law. "Feeding America's nationwide network of member food banks will not be able to make up for the lost meals," Feeding America said in a statement. "We urge lawmakers in the House to reconsider their approach and amend their legislation before sending it to the Senate to ensure that the final legislation does not take food off the table for families who need it."According to a Congressional Budget Office projection, the federal government would reduce spending on direct benefits by .2 billion from 2019 to 2028. But the CBO claims it would cost the federal government in additional .7 billion in administrative costs to enforce the employment requirement. Overall, the federal government would be projected to save .5 billion over the 10-year period if the employment requirement is enacted. The CBO said that beginning in 2021, food stamp recipients between the ages of 18 and 59 who are neither disabled nor caring for a child under the age of 6 would need to either work or participate in a training program for 20 hours each week; that requirement would increase to 25 hours each week in 2026.The push to add work requirements to those receiving government assistance got a boost last month when President Donald Trump signed an executive order, which was intended to reduce poverty. "As part of our pledge to increase opportunities for those in need, the Federal Government must first enforce work requirements that are required by law," the executive order, signed by Trump on April 10, reads. "It must also strengthen requirements that promote obtaining and maintaining employment in order to move people to independence."Spending on food stamps is part of a larger "Farm Bill" legislation. The total cost for the Farm Bill is 7 billion from 2019 to 2028. The farm bill includes spending on rural development, farm subsidies, crop insurance, in addition to food stamps.  According to USDA figures, 41.2 million people lived in food-insecure households. Nearly 40 million people received Supplemental Nutrition Assistance Program benefits, as of February 2018. The 3 million who would stand to lose access to food stamps represent 6.5 percent of recipients. "The harsh cuts to the Supplemental Nutrition Assistance Program included in the House Farm Bill would hurt Americans facing hunger across the country and reverse decades of progress in addressing food insecurity across the United States," Feeding America added in a statement. 3111

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Friday, Oct. 16 has been dubbed Global Cat Day, a day dedicated to saving cats and kittens from being killed.This comes at a time when many longstanding threats to felines have the potential to race forward, according to Alley Cat Allies.The organization dedicated to protecting cats says local shelters have seen an increase in impoundments as the pandemic continues to hit families financially, leaving them unable to care for their beloved animals."Too often, our disconnect from society during the pandemic is allowing dangerous animal control and shelter policies to advance unchecked in our communities,” said the organization’s president, Becky Robin son. “Global Cat Day is a reminder that the international movement to protect cats can never stop, even when so much of the world does."In addition to families turning over their felines, the organization says less cats are being spayed or neutered due to many veterinary clinics operating at reduced capacity.Robinson said these developments will impact cats for years to come.“Global Cat Day 2020 is a day to c

  

Fifteen years ago today the lights went out on 50 million people in the Northeast—making it the largest power outage in US history.It happened on Aug. 14, 2003.  Wherever you were, the blackout seems like yesterday.On a warm, sunny day at around 4:10 p.m., power plants shut down in three minutes. The widespread power outage cascaded across eight Northeastern and Midwestern states and the Canadian province of Ontario.Life seemed to freeze as trains and elevators stopped. Everything, from cellular service to operations at hospitals and traffic at airports, was halted, as everyone waited for the power to turn back on.An investigation revealed that the start of the blackout could be traced back to an Ohio company, FirstEnergy.  771

  

Former President George H.W. Bush has a blunt assessment of Donald Trump: "He's a blowhard." And his son, former President George W. Bush, has harsh words for his Republican successor as well: "This guy doesn't know what it means to be president."Those stinging comments mark the first time the former presidents are speaking out about Trump in such stark terms, as part of a new book about the father and son by historian Mark Updegrove, titled "The Last Republicans."Both men went on the record to give Updegrove their candid assessment of Trump, as well as rare insight into their thoughts on the 2016 presidential race as the drama unfolded. 653

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