Amazon said Thursday (May 9) that the updated fees for merchants using its fulfillment, storage and shipping services reflect underlying costs and are “significantly less” than those announced by other major fulfillment services. “We have been listening to seller feedback and working with our seller partner community...
As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience as possible. The company, a consumer-to-consumer online fashion resale marketplace in Europe, announced Sunday (April 28) that it achieved its...
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing. The company saw a slower rate of decline in shipping volumes during the first quarter while still facing a challenging macroeconomic environment,...
In the shipping and logistics space, preferences among clients vary widely: some favor national services while others opt for smaller regional solutions that promise rapid delivery. According to Gregg Zegras, EVP and President of Global eCommerce at Pitney Bowes, the global shipping and mailing company...
April 15, 2024
In the shipping and logistics space, preferences among clients vary widely: some favor national services while others opt for smaller regional solutions that promise rapid delivery. According to Gregg Zegras, EVP and President of Global eCommerce at Pitney Bowes, the global shipping and mailing company falls into the latter, honing in on the small parcel, […]
November 14, 2023
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind...
October 31, 2023
As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a merchant. In the “2023 Global...
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....
April 23, 2024
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing. The company saw a slower rate of decline in shipping volumes during the first quarter while still facing a challenging macroeconomic environment, UPS executives said Tuesday (April 23) during the company’s quarterly […]
April 03, 2024
FourKites and BuyCo partnered to offer a container shipping management solution that provides Fortune 500 shippers with visibility across inland and ocean shipments. With the integrated offering created by this collaboration, shippers can...
March 14, 2024
Walmart hopes to sell its AI-powered truck routing software to other companies. Walmart has been using its Route Optimization tool — which uses artificial intelligence (AI) to plot more efficient routes for its...
February 29, 2024
PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect invoice automation and transaction processing...
