Riding a huge wave of consumer holiday spending and harvesting its October Prime Big Deal Day season, Amazon delivered its highest operating income ever late...
UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time...
Amazon’s $1 billion Industrial Innovation Fund will target new industries and geographies for 2024. “Our vision to help accelerate automation and supply chain innovation continues to be a key priority...
Sway, formerly known as ReturnMates, has rebranded and raised $19.5 million in a Series A round to build a “customer-centric” delivery and returns platform. The...
Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas....
Shipping platform Shippo and InsurTech Cover Genius have joined forces to introduce an insurance solution for eCommerce merchants and ensure a positive shipping experience for their customers. The...
Delivery management platform Bringg has debuted a tool to streamline last-mile delivery. The company’s ROAD offering, announced Tuesday (Oct. 10), is designed to help companies “mitigate the risk of...
An estimated 1.7 million packages are stolen each day in the U.S. And that number spikes around eCommerce events and major holidays, representing billions of...
Wall Street’s focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the...