Shipping typically makes up 50% to 70% of total eCommerce fulfillment costs, more than labor, packaging materials and warehouse overhead combined, according to fulfillment cost benchmarks compiled by shipping calculator site CalcBee. Yet most retailers still estimate that cost using static rules: a flat rate...
Visa and Airwallex are joining forces to develop embedded-finance solutions for freight and shipping platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The old question in B2B logistics was simple: How fast can the shipment get there? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Freight shipping costs have leapt to their highest level in two years as companies race to build up their inventory before the United States imposes new tariffs and before fuel prices increase during the summer, the Financial Times reported Sunday (June 28). Get the Full...
FedEx Freight completed its spin-off from FedEx and will begin trading on the New York Stock Exchange (NYSE) Monday (June 1) under the ticker symbol “FDFX.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Some of the world’s biggest parcel shippers have reportedly begun seeking tariff refunds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Global logistics company Maersk said Friday (March 6) that it has it has temporarily suspended some of its shipping services in the Middle East due to the conflict with Iran. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
PayPal and transportation trade finance provider TCS Blockchain have launched a collaboration to enable carriers to use digital assets on blockchain rails to settle freight invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Importers in the United States are anticipating favorable deals as they negotiate their ocean shipping contracts for 2026, The Wall Street Journal reported Thursday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...