Shipping

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well.

(source: en.wikipedia.org)

42% of Retail Subscribers May Bail if Merchants Ditch Free Shipping
42% of Retail Subscribers May Bail if Merchants Ditch Free Shipping
July 03, 2023  |  Subscriptions

For consumers with retail product subscriptions, free shipping is essential to maintaining their loyalty. For PYMNTS’ study “Subscription Commerce Readiness Report: The Loyalty Factor,” created...

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Industrial Economy’s Recent Advances Were Built on Ancient History 
Industrial Economy’s Recent Advances Were Built on Ancient History 
June 29, 2023  |  Supply Chain

In 1956, U.S. businessman Malcolm McLean was granted a patent for his intermodal shipping container. Today, tens of millions of shipping containers provide the critical...

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Digital Platforms Look to Speed Logistics Sector Innovation
Digital Platforms Look to Speed Logistics Sector Innovation
June 26, 2023  |  Shipping

The industrial economy’s iceberg of institutional inertia is showing signs of melting. New tools and platforms that can streamline and digitize shipping and logistics processes,...

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Real-Time Insights Bring Clarity to Chaos of Global Logistics Sector
Real-Time Insights Bring Clarity to Chaos of Global Logistics Sector
June 21, 2023  |  B2B Payments

A seismic shift in systemic capability is sweeping across the global shipping ecosystem. While it’s been more than two years since the Ever Given container ship got...

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Auctane Buys Return Rabbit to Bolster Shipping Solutions
Auctane Buys Return Rabbit to Bolster Shipping Solutions
June 12, 2023  |  Acquisitions

Shipping and logistics company Auctane says it has acquired returns management platform Return Rabbit. The deal — no dollar amount was provided — is designed...

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Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
May 23, 2023  |  Retail

Retailers charging fees for returns walk a tightrope. On the one hand, fees levied when customers decide not to keep what they’ve bought help offset...

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GPT Takes the Manual Out of Labor in the Industrial Economy
GPT Takes the Manual Out of Labor in the Industrial Economy
May 18, 2023  |  artificial intelligence

OpenAI CEO Sam Altman thinks new ideas, not bigger models, will evolve artificial intelligence (AI). That’s because the era of gigantic AI training models like...

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Relationship-Building Innovations Top Investment Wish List for Logistics Sector
Relationship-Building Innovations Top Investment Wish List for Logistics Sector
May 10, 2023  |  Accounts Payable

Many logistics, shipping and transportation companies live and die by their relationships. That’s probably why PYMNTS data in the report “Accounts Payable Automation: Transportation Companies...

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 Visa Builds Programmable Finance Pilot for Brazilian Farmers Using CBDC 
 Visa Builds Programmable Finance Pilot for Brazilian Farmers Using CBDC 
May 09, 2023  |  CBDC

The way money moves is increasingly digital — and soon, it may even be programmable. It’s one of the proof points coming out of a...

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