Postmates raises $225 million, nears initial public offering
When a company raises a significant amount of capital this close to its public offering, it could reflect cash insecurity or the basic desire to raise its valuation.
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
When a company raises a significant amount of capital this close to its public offering, it could reflect cash insecurity or the basic desire to raise its valuation.
The ride-hailing company plans to plug the data captured by cameras and sensors into its self-driving system and run it in simulations and on a test track.
The deal coincides with an ambitious new initiative aimed at making Amazon carbon neutral by 2040.
While still mostly brown, the shirt is now made with breathable, micro-pique fabric that ensures comfort in hotter temperatures.
Wunder Mobility has raised $29 million in an extended Series B round and is channeling it towards expanding its geographic footprint and suite of mobility solutions.
In wake of poor q1 results and a massive decline in share price, questions arise as to whether FedEx’s issues are cyclical or structural
EEOC agreement clarifies obligations to both union and non-union workers.
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
The U.S. grocery e-commerce market will be worth nearly $20 billion in 2019 and is the fastest-growing online purchasing category.
FedEx passes on peak season surcharges but will hit the outsized stiff hard. Rates also to rise for 2020 services.
DP DHL open s innovation center for Americas, the third center in its global network
While retirement communities have provided a controlled baseline to deploy their services, Voyage does not plan to stop there.
If buses are competing with on-demand mobility modes, then bus networks too need to meet the demand of their riders.
U.S. government alleged company broke federal contract pricing rules.
Hurricane Dorian’s devastation of Grand Bahamas Island and the Abaco Islands is so widespread that logistics providers lack basic infrastructure to deliver relief supplies, leading many shipments of food and […]
“Aggressive” management style has led to driver abuse, senators claim.
The logistically challenging final mile of delivery accounts for 53% of the total cost of delivery. Autonomous drone technologies could drastically reduce that percentage.
Amazon Air to begin flying at Dallas/Fort Worth regional hub next month
Barclays and Macquarie estimated that the companies will spend an extra $2,000 to $3,600 per driver annually.
Amazon and Home Depot have both leased space in a multi-story warehouse in Georgetown Crossroadss in Seattle.
C.H. Robinson’s Bob Biesterfeld and Uber Freight’s Lior Ron will headline the Townhall Series at the upcoming CSCMP EDGE 2019 conference. The pair will discuss the changing nature of freight and address how technology is making that happen.
UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan
Humans are helping e-tailers lower logistics costs; logistics newbies, meet the seasoned pros
The Liquor Control Board of Ontario (LCBO) has joined forces with Foodora, an international food delivery app, to pilot on-demand alcohol delivery in under an hour.
The new e-commerce delivery paradigm poses legal risks that have not been thought through, noted attorney says
In late August, Uber installed several self-service kiosks at Toronto Pearson International Airport.
Pilot eLCV projects are planned in the U.S. next year with local production a long-term aim.
The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple investor conferences in May and June.
Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.
With enough investor capital and vision, profit might not matter as much as analysts think.
Retailers of heavy goods like furniture face the same e-commerce delivery pressures as retailers shipping parcels, survey finds
Analysts and investors wait to hear about Amazon’s expanded presence in Southeast Asia and on-demand services.
Last-mile movement is one of the least energy-efficient operations within supply chains, and efforts need to be taken to consciously reduce energy expended in that stretch.
Atlas Air and its pilots union continue take hard lines in wake of arbritrator’s award that a contract settlement be arbitrated
A new study finds that e-scooters’ environmental footprint surpasses that of the transportation they are positioned to replace.
Australia Post, a government-owned post and freight service, has reported revenues of just under A$7 billion but has experienced a massive fall in profits.
Arbritrator’s award denies Atlas Air’s pilots’ request to negotiate a contract and instead imposes an arbitrated settlement on both sides
FedEx Freight expands its last-mile delivery network to 19 US markets
Rapidly changing consumption patterns and increasing traffic bottlenecks in urban environs necessitate the evolution of transportation and its underlying business models to create a sustainable logistics future.
Lime moves ahead with the backing of venture capital and hopes that car-reliant metropolitan areas like San Antonio will embrace a cleaner, more communal way to navigate city life.
Amazon, following a model in the U.S., will take an equity stake in Canadian cargo airlines Cargojet.
Company claims faster medical deliveries means faster patient treatment.
ATSG and Atlas Air continue to fight a contract battle with their pilots union as Amazon, which uses both airlines, watches closely with peak season approaching
With the recent complaints about workers’ rights, it makes sense that Doordash, like every other on-demand mobility company, is thinking about efficiency and the cost of human labor.
“Robotic process automation has already taken root in other industries like financial services. It’s a perfect time for RPA to disrupt the logistics industry, given the amount of paperwork, documentation and around-the-clock customer interaction that global transportation requires,” says Mike Motsick, CEO of RPA Labs.
Integrated bulk, rail, trucking, box, warehousing and ports operator, Qube (ASX: QUB), has announced weighty full year earnings of A$1.73 billion (US$1.5 billion). It also made net profit after tax of 15. 4 percent to A$123.2 million. But it sees a subdued economy ahead…
A new partnership between Xcel Energy and the Federal Aviation Administration (FAA) allows drones to inspect power lines out of human sight in eight states – Colorado, Michigan, MInnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit after tax for its full 2018-2019 financial year. Revenues generated in the last financial year stood at A$348.3 million and net profits were $54.1 million.
XPO unit, class of drivers and helpers reach $5.5 million settlement to end three-year legal fight over job classification
Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax.
Low vacancy rates in smaller industrial markets signal a broadening of expansion in logistics property cycle
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]
Drones may be one of the key answers to last-mile delivery. Read about how drones are being used around the world.
There are a dozen electric scooter companies in Paris, and the city has seen enough of the impact that an unregulated e-bike market can create on the city roads.
Two bond rating agencies downgrade UPS debt, urging caution in how it allocates free cash flows
Amazon nears U.S. release for Prime Air drone deliveries.
USPS’ first quarterly decline in package volumes in 9 years throws up warning flares over lost business from its biggest customers
U.K.-based Deliveroo is exiting Germany, citing difficulties in maintaining the level of customer service that it offers across its other markets.
Atlanta is building Spaghetti Junction II. UK drug companies will take matters into their hands to get goods to market in no-deal Brexit; YRC consolidation is key to survival
Last-mile delivery is critically important to both consumers and the companies that sell to them. Read about six challenges and changes in last-mile delivery.
Trucks are omitted from a study analyzing congestion pricing options; YRC scraps satellite radio in cabs; FedEx drops Amazon in dollars-and-sense decision
Promises package deliveries up to 5 lbs. within 30 minutes.
FedEx, tired of jumping through hoops for Amazon.com at non-compensatory rates, cuts the ground-delivery cord with the e-tailer
Online customers expect to be spoiled and consistent delivery experiences are the core of meeting those needs, two surveys found
Deutsche Post DHL posts single-digit revenue, profit gains, lifts low end of full-year earnings view
XPO second-quarter results allays analyst concerns as it navigates through a tough top-line
Schneider’s move to shut final-mile unit leaves furniture retailers seeking last-mile delivery options
XPO Logistics posts flat second-quarter revenue, exceeds estimates on EPS, cash flow
Schneider is closing its First to Final Mile delivery operation due to poor performance.
Amazon.com wants all SMB business, and will not be shy in squeezing the SMBs to get it
A roll-out of the much-hyped 5G telecommunications technology will not in itself revolutionize logistics, says Paul Soong, regional director of BluJay, which provides a wide variety of management software for the logistics and transport industries. Better management of business is the key.
When deploying a TMS, it’s important to understand what you want it to do, but also what it can’t do for you.
While many fleets and drivers are using ELDs, there are still some using AOBRDs, and time is quickly running out before the December deadline to switch arrives.
ArcBest posted flat to down second quarter results as a weak LTL macro environment and too much truckload capacity hit its two main units.
Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.
Ryder Systems Inc. posted strong second-quarter revenue but reduced its second-half earnings guidance on weakness in used truck sales and rentals.
Convoy says a study of its data shows that carriers in its network are safer than industry averages and have fewer cargo claims than the average carrier.
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
Pilot in partnership with Gatik will run robovans on a two-mile route between a distribution center and retail store in Arkansas.
Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates
Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.
U.S. next day air volumes set the pace for UPS’ second-quarter results
UPS launches a slew of products in arguably its biggest one-day portfolio change in its history
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Ecommerce continues to grow and Amazon and its competitors continue to innovate and grow. Read insight into the phenomenon by Anothy Smith.
Amazon.com, Inc. (NASDAQ:AMZN) announced today it will open two more fulfillment centers in Ohio, which will bring to 10 the number of locations that the e-tailer operates in the state. […]
USPS’ pension problems could cost it more than money. CO2 as a KPI for freight? CPG edible firms need to start going online
Sandeep Kar has written a thought-provoking article about changes in trucks and how those changes affect truck drivers. He also writes about what the future may hold for truck drivers in the coming years.
Trailer orders hit their lowest level in nearly a decade in June, mirroring the slowdown in new truck orders after record performances for both in 2018.
Kal Atwal becomes executive vice president as Canadian transportation and logistics company integrates bankrupt courier BeavEx’s business.
Amazon workers strike on the company’s mega-discount Prime Day, asking for fair treatment, higher pay and decent working conditions within warehouses.
Drones could someday deliver thousands of packages a day, but who will monitor all this air traffic?
Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics segments.
Cowan Systems has acquired family-owned regional carrier Carlisle Carrier as it looks to strengthen its Northeast presence.
It can be a rough business doing freight and logistics in Australia. And now, in the Australian capital city of Canberra, it looks like the last-mile drone delivery business has gotten a fair bit more… dangerous!
The good news is that Amazon will see massive volume surges on Prime Day. Now it has to deliver all of them in one day.
Amazon to retrain 1/3 of its workforce to meet challenges of securing high-skilled labor. Transport and logistics skills will also be elevated
Business-to-business commerce doesn’t get the attention of its business to consumer counterpart. But it is bigger and, in some ways, more advanced in e-commerce adoption, DHL Supply Chain survey says
Commentary by Bill Driegert, Senior Director of Uber Freight, explores the current and near-future of on-demand freight.
Brian Aoaeh writes about changes that need to be made to the food supply chain to deter food waste and food loss.