Last Mile news and trends

Jassy: Amazon’s GenAI Tools Could Boost Customer Experience and Profits
Earnings // February 01, 2024

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 Thursday (Feb. 1) as it released its quarterly and full-year earnings. Get the Full Story Complete the form to unlock...

UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
Earnings // January 30, 2024

UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. 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...

Amazon Innovation Fund Targets Autonomous Vehicles, Last-Mile Tech in 2024
Amazon Investments // January 17, 2024

Amazon’s $1 billion Industrial Innovation Fund will target new industries and geographies for 2024. 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 completing...

Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
Investments // January 11, 2024

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.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Interviews & Exclusives
Mailboxes Get Smart With AI to Smooth Last-Mile Delivery

September 26, 2023
An estimated 1.7 million packages are stolen each day in the U.S.  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 completing this form, you agree to receive marketing communications from […]

FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 

September 22, 2023
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 efforts, pushing the shares higher....

New Platforms Test Legacy Carriers’ Ability to Go the Last Mile, Says AxleHire CEO

July 03, 2023
According to Raj Ramanan, who has just taken the reins as CEO of AxleHire, the last mile is the last and best chance for eCommerce firms to make the best...

Cargobot CEO: Digital Eliminates the Truck Transportation Middleman

April 26, 2023
Today’s modern and increasingly digital landscape is transforming even the most traditional industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Onfleet and Fairmatic Team on Reduced Fleet Insurance Rates

September 04, 2024
Last-mile delivery management firm Onfleet has integrated with fleet insurance firm Fairmatic. 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 completing this form, you agree to receive marketing communications from […]

UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023

January 30, 2024
UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Amazon Innovation Fund Targets Autonomous Vehicles, Last-Mile Tech in 2024

January 17, 2024
Amazon’s $1 billion Industrial Innovation Fund will target new industries and geographies for 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 

January 11, 2024
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.  Get the Full Story Complete the...