Court rules group of UK Uber drivers entitled to minimum wage
Uber recently sent out a white paper on its views of compensation and other benefits for its drivers in Europe.
Get Information & Insights on Final Mile Delivery
Final mile (also called “last mile”) is a term used to refer to the last leg of a delivery route (it is not a mode of transportation). Businesses can define last mile in different ways, depending on what is most relevant to their business and their customers’ expectations. Final mile delivery falls into two categories: light goods (typically less than 150 pounds) and heavy goods.
Looking for additional information? Check out our article, What Does Final Mile Mean? or download our ebook: Stop Losing Your Profits to Last Mile Delivery
Uber recently sent out a white paper on its views of compensation and other benefits for its drivers in Europe.
Walmart shares drop hard as investors focus on lower-than-expected fiscal year 2021 fourth-quarter results and uninspiring FY 22 guidance.
The rate increases could generate needed revenue and profits, but they may narrow the price-service gap between the Postal Service and its rivals.
Appearing at an investor conference, J.B. Hunt CEO John Roberts said this year’s intermodal bid season will go a long way in determining whether the company curtails the division’s margin target.
The activist investor group seeking changes at Forward Air said the company’s recent results and guidance are “substandard” in a letter to shareholders. The group also asserts that Forward was “disingenuous” in the way it provided updates on fourth-quarter results, suggesting it was fearful of receiving other board nominations.
CenterPoint acquires Houston-area distribution facility while Genesee & Wyoming reports industrial development results for 2020.
CEO Alain Bedard said renting out terminal space is a way to buoy TFI’s real estate portfolio.
Amid heightened scrutiny over the direction of the company, Forward Air’s management team defends its current strategy. Fourth-quarter results were negatively impacted by a December cyberattack.
Leaf Logistics CEO Anshu Prasad believes manufacturers of food and consumer packaged goods could be in jeopardy of missing earnings expectations as transportation rates remained elevated throughout the quarter.
XPO Logistics sees strong momentum coming off an excellent fourth quarter.
An open letter from activist investor Ancora Advisors says “ineffective capital allocation” and diversification into “margin- and return-dilutive service offerings” have led to inferior results for Forward Air compared to other less-than-truckload carriers.
A top FedEx reverse logistics expert says the online returns tsunami has just begun.
Amazon reportedly will nurture hundreds of startup trucking companies to haul its goods.
Amazon CEO steps away after going where no retailer had gone before.
Amazon announces a leadership shift as it crushes fourth-quarter 2020 estimates and reports $125 billion in revenue.
Scott Ruffin’s company is poised to exploit weaknesses in legacy delivery networks to take B2C share.
Could DB Schenker be the next TFI International? TFI just agreed to buy UPS Freight. DB Schenker is ready to become a pure play trucker in the U.S. and will be looking for sellers.
UPS lost its 16-year battle to succeed in LTL. Now it’s TFI’s turn.
UPS takes part in a business panel on why Congress should support last-mile delivery and electric vehicles.
Past Forward Air CFO Andy Clarke outlines his outlook for improving returns at his former company. He represents an activist investor group, which includes turnaround investment firm Ancora Advisors and Forward’s founder.
Deliveright, a digital delivery network for heavy goods, announced the launch of a new app with e-commerce company Shopify.
Cardinal Logistics has acquired heavy-goods final-mile provider NRX Logistics. The deal marks the third final-mile transaction for M&A advisory firm Tenney Group in the last year.
J.B. Hunt Transport Services’ fourth quarter came in better than expected. However, the company said it was reviewing long-term margin targets across all segments. Intermodal margin forecasts may be reduced but other units could see upward revisions.
J.B. Hunt Transport Services’ fourth quarter outpaces analysts’ forecasts. Brokerage, truck and final-mile divisions benefit from revenue surge.
The levy will apply to customers tendering 30,000 weekly parcels from Jan. 4 to Jan. 31.
Deutsche Post DHL’s Express and E-Commerce units report strong numbers.
OneRail’s $6.7 million in late seed financing will help the delivery orchestration and fulfillment platform scale its business development, sales and marketing operations.
ShipMatrix reports a solid performance by carriers, while a Convey survey shows that U.S. consumers were tolerant of shipping issues.
The Seattle-based e-tailer currently operates 10 sites in Detroit that support customer fulfillment and delivery operations.
Uber’s stock dips on a report that Goldman Sachs is looking to unload 38 million shares. The company has made several moves recently to shore up the balance sheet and sustain its cash-intensive brokerage segment.
Traffic is expected to spike 23% compared to the highest-volume period in last year’s peak.
Albertsons, subsidiaries turn to alternatives such as DoorDash
Former executives at Forward Air along with an activist investor have been acquiring shares since October in efforts to make changes to the management team, board and capital allocation strategy, which may include divesting “non-core assets.”
DHL Freight promotes two and ev Transportation appoints two to board.
Parcel-delivery surcharges are to be front and center in conversations next year.
Mainstream commercial use of small unmanned aircraft for a variety of applications, including package delivery, is around the corner. New FAA regulations create a pathway for drones to operate safely with fewer limitations.
FedEx will mark its 50th year by harnessing IT for pitched battles with Amazon and UPS.
FedEx Corp.had announced acquisition of e-commerce platform ShopRunner earlier this month.
A partnership this year with CRST uncovered a huge opportunity for trucking technology startup Baton and its customers.
Lawmakers agree to convert $10 billion loan to a grant.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
UPS cuts parcel-induction levies much deeper than FedEx, starting mid-January.
Amazon to build three facilities, create 1,500 jobs in San Antonio
FedEx shares get hammered despite record performance at Express and LTL units. The focus is on lagging margins at FedEx Ground.
Shares take a hard hit in after-hours trade despite blowout fiscal second-quarter results across the board.
Storms, Warp Speed and COVID put retailers and consumers in an anxious holiday mood.
EV company Canoo unveils its all-electric multipurpose delivery vehicle to be priced starting at approximately $33,000.
FedEx to cut prices from holiday levels on three surcharges.
Canadian last-mile delivery firm secures CA$20 million Series A and expands its U.S. footprint.
COVID vaccines take priority, straining already ultra-tight delivery capacity.
Onfleet hires Scott Cross as CFO, and Stephanie Riffell joins Perishable Shipping Solutions as COO.
Forward Air is growing its traditional less-than-truckload terminal count. This time it is adding California’s Inland Empire to the roster.
FedEx, UPS, AIT to get their delivery marching orders.
Operation COVID Logistics is underway, with the auxiliary materials to administer vaccines moving out to local distribution sites.
U.S. officials at Operation Warp Speed say they are ready to go with the COVID-19 vaccine distribution, but a high-ranking state health official says people should be prepared for hiccups based on recent trials
Black Friday-CyberWeek performance of mid- to high-70% range for FedEx and UPS was way off from 2019 levels, Convey data shows.
Local deliveries are now available in 2,400 U.S. markets, the unit says.
Hub Group’s acquisition ambitions land in the final-mile sector in a $94.5 million deal for non-asset provider NonstopDelivery.
Shares hit record close as UBS markedly boosts EPS for fiscal 2021 second quarter and raises 12-month price target to $380 from $320.
DHL will be the first to deliver COVID-19 vaccines in Germany. Integrated logistics companies like DHL, FedEx and UPS have an advantage with their closed networks and sophisticated delivery methods for keeping vaccines at the correct temperature.
Increase in reverse logistics demand spawned by the continued growth of e-commerce activity.
How long will Brad Jacobs stay on after split and spinoff of logistics business?
The pandemic is leaving its mark on the real Christmas tree market with an apparent uptick in sales, a compressed selling season and direct-to-consumer deliveries that are replacing some retail […]
Domestic and international delivery rates rise 5.9%; the rate on returns shipments rises 4.9%.
Expansion includes an 855,000-square-foot fulfillment center in North Las Vegas.
FedEx goes beyond partnerships to swallow e-commerce platform provider.
Walmart ends the minimum order requirement for shipping benefits on Friday.
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
J.B. Hunt adds to its final-mile network through acquisition for the fourth time since 2017. The company announces the acquisition of commercial fitness delivery and installation company Mass Movement.
AIT Worldwide Logistics expands its global operations with the acquisition of final-mile white-glove specialist Panther Logistics.
On this week’s Drilling Deep podcast, Thomas LaSalvia of Moody’s Analytics REIS looks at the market for warehouse space additions being driven by the growth in e-commerce. And he finds […]
J.B. Hunt Transport Services announces several changes to the executive roster on Tuesday, including the appointment of John Kuhlow as the company’s permanent chief financial officer.
Forward Air adds to non-airport less-than-truckload service by opening a facility in Bethlehem, Pennsylvania.
A detailed analysis shows UPS plans to push higher costs and fees on e-commerce users next year.
In partnership with Quest Diagnostics and DroneUp, Walmart on Tuesday announced a new drone delivery system for one of its stores in El Paso.
Holiday orders will be spread evenly throughout cycle, CEO says.
Former Bethlehem Steel plant site at Sparrows Point, Maryland, attracts shippers and 3PLs to build Northeast distribution centers.
Expedited shipping rates rise 1.2% to 3.5%; other rates rise more.
Pricing and delivery bundle will be tough for traditional pharmacies to match, consultant says.
EPS reported above analysts’ consensus.
The pandemic has accelerated deployment of delivery robots, but questions about performance and business case remain.
Pop-up DCs expected to handle 30% of Walmart’s U.S. peak-season volumes.
Package revenue surpasses first-class mail revenue for first full-year period in history.
More than 200 breeder hogs were flown this week from St. Louis to Sao Paulo. Midwestern airport hopes it is the beginning of more livestock exports.
E-commerce fulfillment provider Transportation and Logistics Systems announces plans to acquire delivery and warehousing company Cougar Express.
“Key by Amazon” is now available in 4,000 U.S. cities; the company has added in-garage grocery deliveries.
FedEx Express will hire more than 6,500 employees across Mexico by the end of the year.
Annual outlook forecasts an extension of decade-long bull-market.
European 3PL says integration with e-commerce marketplaces strengthens activity with American online retailers and shoppers.
Freight forwarder guides customers through online shopping shift and transport capacity choke points.
Gains come as the shipping giant braces for peak-season impact.
Management from J.B. Hunt sees the current inventory replenishment cycle sustaining a high freight demand environment through the first quarter of 2021.
Self-driving vehicle company Nuro has raised a $500 million Series C round of funding, as autonomous delivery continues to pick up new markets. The raise, announced on Monday, was led […]
Initiative designed to leverage USPS’ network to provide peak-season relief for desperate parcel shippers.
XPO is `very comfortable with where we are’ heading into 2021, Jacobs says.
Executives from Horizon Fitness, Estes Forwarding Worldwide and The DDC Group talk during FreightWaves LIVE @HOME about keeping up with the trend of online ordering and home delivery.
Business “rebounded dramatically” in the quarter, Jacobs says.
Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.
Start small and simple, VC experts say.
A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.