Retailers look to get suppliers’ prices lower
Big-box sellers report healthier-than-expected consumers and stress high in-stock rates.
Big-box sellers report healthier-than-expected consumers and stress high in-stock rates.
There is a lot more competition waiting to take a UPS parcel if workers go on strike, consultant Satish Jindel says.
Crstl looks to take on the digitization of transactions and data sharing between brands and major retailers like Walmart and Target.
Target plans to add a half-dozen sortation centers to its U.S. network by 2026, bolstering its last-mile capabilities.
Target has unveiled a new store model geared toward omnichannel fulfillment that soon will become the standard design.
Target-owned Shipt has come under fire for allegedly misclassifying workers as independent contractors.
Retailers are coming together to send demand signals for zero-carbon shipping fuels.
Retailers are grappling with a “sonic boom of inventory” — and they have no idea what this year’s Christmas shopping season will look like.
Gretchen McCarthy will run all of Target’s global transport, logistics and supply chain management businesses.
U.S. imports accelerated in July, with inbound cargo from China reaching a year-to-date high, according to Descartes.
Three new sortation centers in Chicago and Denver bring Target’s facility count up to nine.
Home discount retailer Big Lots adds same-day delivery from 1,000 U.S. stores.
Los consumidores están cansados de comprar tantas cosas, para disgusto de minoristas y transportadores
Major retailers like Target, Walmart and Amazon are suddenly packed with inventories. It’s a whiplash that’s spooking investors.
Truckers will need to be patient as retailers burn through their buffer stock.
Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.
Target Corp. reported Q1 2022 earnings before the bell Wednesday, turning in weaker-than-expected numbers.
As e-commerce growth slows, last-mile delivery providers remain under pressure to deliver for shippers, even if they don’t know how much of their services will be required.
As fuel prices rise, the ability of last-mile delivery firms to either absorb those costs or pass them along to customers could be key to their survival.
After reporting stronger-than-expected FY2021 earnings, Target announced that it would be adding distribution and sortation facilities in 2022.
Retail inventories jump ahead of the holiday buying season but the need for restocking will extend well into 2022, which bodes well for freight demand.
An environmental coalition urges Target, Walmart, Amazon and Ikea to clean up their maritime emissions and shipping routes.
Holiday shipping deadlines are nothing new, but for those last-minute needs, it is the on-demand providers that will be trusted to deliver.
Sauder Woodworking was in need of more flexibility as omnichannel retail ramped up, and it found it with Cleo’s Integration Cloud platform.
President Biden got input Tuesday from express carriers and large retailers on the supply chain crisis.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
A new initiative from Moves Financial is rewarding gig workers with stock in the very companies for which they work.
Biden’s port czar outlines a 90-day plan to expand operating hours along the U.S. supply chain.
After a big week for same-day delivery services, here’s a look at the past, present and future of the same-day market.
Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by a wide margin.
Target has acquired tech companies and delivery providers, all in a quest to better manage its e-commerce logistics networks.
Amazon is reportedly looking to open physical store locations in at least two states.
When Radio Flyer needed to increase shipping capacity for its iconic products, it realized that label printing was a chokepoint. So it found a solution.
A new research project from Bloomberg Second Measure found that Walmart is barely holding on to its lead in the grocery delivery wars as Instacart and others are quickly making inroads.
The parent company of Saks OFF 5TH, the discount designer retailer, will spin off its e-commerce business in a new entity with fresh funding from Insight Partners.
Offering speed enables retailers to build scale and density, but only if expectations are appropriately set and delivered on as promised.
There was a fair amount of “feel-good” talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons were easy. Further, sales have continued at an elevated clip, suggesting the massive merchandise restocking is far from over.
The best-in-class retailers navigated well, and managed to grow inventory considerably in the first months of the year.
Amazon’s Prime offering, with its shipment tracking and fast delivery, continues to add pressure to other retailers to match the service. Technology can help up their shipment games, making for happier and returning customers.
The best-in-class retailers are aggressively pursuing logistical control over their products while trying to avoid patchwork responses to final-mile delivery.
As Amazon continues to dominate e-commerce, major retailers are stepping up their investments hoping to benefit from shifting consumer demands.
Several of the nation’s largest retailers say inventory positions are improving. However, retail sales continue to outpace efforts to stock up, suggesting trucking demand could stay elevated well into 2021.
The company’s 2020 sales gains were higher than in the past 11 years combined.
Andrew Cox and Seth Holm debate the big news in the retail space and compare which logistics companies have the best drop-and-hook practices.
Recent analysis from Gartner shows retailers with more than 50% of revenue from the online channel have logistics costs as a percentage of sales that are almost double those of their store-focused counterparts.
Elevated demand and tight capacity have highlighted the trucking market for a few months now. Recent data points and commentary suggest this dynamic may not abate anytime soon.
Recent data points as well as updates from retailers suggest this inventory restocking cycle may take a few quarters to fix, meaning the current supply-demand dynamic in trucking could linger.
Andrew, Kevin and Seth discuss their thoughts on the consumer and upcoming holiday season, before being joined by Bruce Chan, VP, global logistics at Stifel. Bruce makes his FreightWavesTV debut […]
Ford reopens Dearborn and Chicago facilities; U.S. GDP predicted to slide by 40% in three months to June; Target saw sales rise by 10.8% last quarter.
One of the attributes necessary to become a Shipper of Choice is providing flexibility through increased hours of operation and constant and consistent communication with drivers. The FreightWaves Shipper of Choice Availability Award winners are among the best in the nation at this.
‘Strong sales’ in February are expected to continue through Easter. Disruptions to the company’s supply chain continue to be monitored.
Target Corporation (NYSE: TGT) saw its stock surge after the retailer reported sales growth and traffic surges for both its physical stores and its digital offerings.
Come on ride the ragin’ rollercoaster! First, Target tells suppliers to eat higher tariff-related costs, and Zach Strickland tells us why this has been one of the toughest freight cycles on record, and more.
Target provides an optimistic shot in the arm as the mega-retailer reports a strong quarterly performance and raises its full-year outlook.
While shoppers are flocking to e-commerce sites, that is not the case for grocery shoppers, who remain more interested in seeing and feeling their produce before buying.
FreightWaves partnered with freight brokerage Convoy to recognize Target as one of its top Shippers of Choice.
Plus: Amazon-Whole Foods two year anniversary; Japan to build five bullet trains in India; Elaine Chao sells stock in highway company.
On the Backhaul weekend edition of what the truck we’re talking Target’s $9.99 same-day shipping, more…
Target looks to find a way into a delivery niche with the launch of same day deliveries
Information about that data is more needed; box moves strong at Port of Los Angeles, but peak season in rearview mirror.
Tuesdays may not be good days to be on the road; transport firms need to boost analytics usage to match what customers are doing.
For the first time ever Target will offer free, two-day shipping with no minimum purchase required this holiday season, in a bid to win shoppers over rivals like Walmart and Amazon.
The US Department of Agriculture has issued a Class 1 recall on 130,000 pounds of ground beef nationwide, according to a news release from the agency. The E. coli contamination is thought to have originated from a Cargill Meat Solutions facility in Fort Morgan, Colorado.
The growth for Walmart was strong across the board, but ecommerce and groceries were key contributors.
Ships becoming increasingly electrified, US retail is rising, and crude oil exports to China have come to a halt.
Target’s Restock program is a direct competitor to Amazon Prime Pantry, and now the retailer is rolling out the program nationally with free shipping and next-day delivery for all Redcard purchases.
The demand for last-mile services has increased by 50% in the last 18 months, driven primarily by the B2C companies.
Target acquired same-day grocery delivery service Shipt for $550M in a bid to boost its online food sales and compete with Walmart and Amazon. Our infographic compares the performance and recent investments made by the three companies.
Target has made a massive investment in Shipt, a same-day grocery delivery service for online orders that relies on personal shoppers. Target hopes to challenge the rapid growth of Walmart’s online food sales and wants to offer same-day shipping for all of its products by the end of 2019.
YRC Worldwide CEO James Welch announced he will retire in July 2018. Current YRC Freight President Darren Hawkins is expected to be named to succeed Welch by the Board of Directors at its July 2018 meeting, the company said in a release.
In a quest for more business in China’s booming e-commerce markets, parcel companies in that country are waging a pricing war, threatening to eat up profits and pressuring margins for companies already facing razor-thin operating budgets, according to a report in the Nikkei Asian Review.
The I-95 Corridor Coalition is moving forward with research that will help it determine whether a mileage use tax is the right approach to taxing in Pennsylvania and Delaware, according to NBC 10 Philadelphia.
A USA Today investigation into port trucking operations in California has led to three U.S. Senators sending letters to national retailers demanding they crack down on trucking companies and their alleged unfair labor practices directed at drivers.