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DeliverEnd And Perfit Partner To Provide End-To-End Solution
Monday, July 12, 2021 - 12:28pm | 661Read More...Last-mile logistics services provider DeliverEnd is partnering with contactless shopping company Perfit to establish an end-to-end, same-day local delivery solution for online shoppers. The partnership will combine DeliverEnd's scalable last-mile delivery solutions and driver networks with Perfit's...
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UK Extends Relaxed Hours-Of-Service Rules Due To Driver Squeeze
Friday, July 9, 2021 - 1:18pm | 913Read More...The United Kingdom is dealing with the same squeeze on the driver supply as in the U.S., and its main regulatory agency has just eased its hours-of-service rules for a month to cope. The reaction? The country's major trucking trade group is not happy with the move. The U.K. had continued to use...
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Cowen Expects Electric Last Mile Systems To Charge Ahead
Friday, July 9, 2021 - 10:46am | 1048Read More...In an increasingly competitive space, Cowen Equity Research has initiated coverage of Electric Last Mile Systems (ELMS) with an outperform rating, setting a per-share price target of $14. ELMS (NASDAQ: ELMS) closed Thursday at $9.15, down 6% from the open. The research firm said it was "impressed...
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Cloud-Based Fulfillment Platform Bringg Partners With Last-Mile Delivery Provider GoFor
Thursday, July 8, 2021 - 4:20pm | 574Read More...GoFor and Bringg have announced a partnership that will utilize GoFor's marketplace for last-mile, on-demand and same-day delivery and logistics alongside Bringg's delivery and fulfillment cloud platform to increase delivery capacity, coverage and customer experience on a global scale. Using GoFor...
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Daily Infographic: Same-Day Versus Next-Day Delivery: Which Is More Sustainable?
Wednesday, July 7, 2021 - 12:23pm | 81Read More...To view more FreightWaves infographics, click here. Image Sourced from Pixabay
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Zipline's Drone Delivery Of Pharmaceuticals Earns $2.75B Valuation
Thursday, July 1, 2021 - 12:37pm | 775Read More...The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...
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Onfleet Software Helps Facilitate Over 100M Deliveries
Tuesday, June 29, 2021 - 2:34pm | 857Read More...Less than six full years after its launch, last-mile delivery management software company Onfleet has facilitated its 100 millionth delivery and said it has doubled its revenue for the sixth consecutive year. Onfleet offers a routing and dispatch platform with real-time communications and...
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Electric Last Mile Systems' First-Day Stock Spike Doesn't Last Long
Monday, June 28, 2021 - 1:10pm | 1155Read More...Shares of Electric Last Mile Systems (NASDAQ: ELMS) jumped as much as 10% in early morning trading on Monday after the electric vehicle maker made its public trading debut following its merger with special purpose acquisition company (SPAC) Forum Merger III Corp. Despite the early jump, though,...
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AxleHire Brings Its Last-Mile Delivery Service To Chicago Area
Monday, June 28, 2021 - 11:16am | 1217Read More...Fresh off a $20 million Series B funding round, last-mile delivery firm AxleHire has announced its expansion to the Chicagoland area. The expansion represents AxleHire's 10th sortation center. In addition to Chicago, AxleHire currently operates and has sortation centers in Dallas, Houston, Los...
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FedEx's Service Issues In Strong LTL Market Apparent Ahead Of Cancellations
Thursday, June 24, 2021 - 11:59am | 2878Read More...Less-than-truckload carriers have quietly been using a high-demand, tight capacity environment to cull less profitable freight from their networks for months now. Most of the actions have included rate bumps and stricter enforcement of accessorials and detention fees in efforts to free themselves...
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Amazon Paying $150M For 20% Stake In Plus And Buying 1,000 Trucks
Monday, June 21, 2021 - 2:32pm | 617Read More...Amazon Inc. (NASDAQ: AMZN) is purchasing 1,000 trucks with high-autonomy software from startup Plus in a deal giving the e-commerce giant a 20% stake in the company. Hennessy Capital Investment Corp. V (NASDAQ: HCIC), the special purpose acquisition company (SPAC) sponsoring Plus for public...
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This Week Will Be About More Than Amazon's Prime Day Sales
Monday, June 21, 2021 - 1:09pm | 843Read More...The week of Amazon's (NASDAQ: AMZN) Prime Day event is finally here, but the upcoming week includes some big names' earnings reports, such as Nike (NYSE: NKE) and FedEx Corporation (NYSE: FDX), along with a new round of economic reports, including the GDP. Monday- No Major Earnings Reports...
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Walmart Invests In DroneUp, Plans Drone Deliveries From Bentonville Store This Summer
Friday, June 18, 2021 - 11:57am | 768Read More...Walmart (NYSE: WMT) is getting into the drone business. The company announced on Thursday that it was making an investment in DroneUp, a provider of drone services. The announcement appeared on the company's corporate blog in a post written by John Furner, CEO and president of Walmart U.S. "Last...
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Workhorse Sues Postal Service Over Delivery Truck Contract
Thursday, June 17, 2021 - 1:15pm | 643Read More...Workhorse Group (NASDAQ: WKHS) has sued the U.S. Postal Service over the government agency's awarding of a piece of its $6.8 billion delivery truck contract to Oshkosh Corp. (NYSE: OSK), a move Workhorse had been considering since the award was announced in February. Workhorse's bid protest was...
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Long Controversial And Now Cooking, LaserShip Rides The Parcel-Delivery Wave
Wednesday, June 9, 2021 - 10:26am | 1134Read More...It's been a long, somewhat strange trip for regional parcel-delivery carrier LaserShip Inc. LaserShip was launched in 1986 as a document-delivery company. The dot-com boom of the late 1990s eventually pushed the Vienna, Virginia-based concern into the parcel-delivery world. Since then, it has...
















