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Gopuff Continues Fast-Track Expansion, Acquiring UK-Based Dija
Thursday, August 12, 2021 - 11:55am | 482Read More...U.S.-based Gopuff has made its second acquisition of a delivery platform in Europe, announcing on Thursday it was acquiring Dija, which operates approximately 40 microfulfillment centers across Europe, including in London, Paris and Madrid. "There are many similarities between Gopuff and Dija:...
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BravoTran, HubTran's Freight Forwarding Spinoff, Isn't Just Any Tech Startup
Thursday, August 12, 2021 - 11:28am | 955Read More...When TriumphPay acquired document automation platform HubTran in June, former HubTran CEO Matt Bernstein was faced with a choice: to take a victory lap or to keep building. He saw an opportunity: Because TriumphPay is focused on North American freight, HubTran's still-young business serving...
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Last-Mile Delivery Firms Call Lack Of Drivers Their Main Concern
Wednesday, August 11, 2021 - 11:59am | 1087Read More...E-commerce is continuing its strong performance in 2021, but the companies responsible for getting those packages to consumer doorsteps continue to be plagued by challenges, including a lack of drivers. The Bureau of Labor Statistics said courier jobs climbed to 1,006,400 on a seasonal basis in...
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Hyundai's COVID Strategy — Transmission
Wednesday, August 11, 2021 - 11:32am | 345Read More...When you switch to AIT Worldwide Logistics for automotive shipping you're partnering with a team of logistics professionals in Asia, Europe and North America who develop customized supply chain solutions that are just as unique as your business. Whether it's transborder hot-shot trucking, express...
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Cold Chain keynote: Lineage Logistics Focused On Automation, Supply Chain Visibility
Wednesday, August 11, 2021 - 10:33am | 469Read More...This keynote interview is part of FreightWaves' Cold Chain Summit virtual event The COVID-19 pandemic thrust the food logistics industry into the spotlight as millions of consumers turned to e-commerce platforms to order most of their household essentials, including groceries, amid labor and...
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Cambridge, SoftBank Back Parcel Perform In $20M Series A
Wednesday, August 11, 2021 - 10:25am | 1072Read More...While Dana von der Heide and Arne Jeroschewski were working to improve e-commerce logistics within Asia Pacific at DHL, the pair realized advancing the experience for retailers could not be done with just one carrier. This inspired them to step away from DHL and co-found Parcel Perform, a...
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Maestro Choreographs Way Around O'Hare Cargo Gridlock
Tuesday, August 10, 2021 - 2:49pm | 636Read More...Maestro International Cargo, a local company that provides airside ground handling services for airlines, is shuttling import shipments off the ramp to a new warehouse three miles from Chicago O'Hare International Airport to alleviate huge backlogs at airport terminals. The 164,000-square foot...
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Moving From 'E-Commerce In A Box' To 'Composable Commerce'
Tuesday, August 10, 2021 - 10:44am | 1516Read More...E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview...
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AWS Eased Investor's Disappointment In Amazon's Slowing Growth
Friday, August 6, 2021 - 6:03pm | 659Read More...Amazon Web Services continues to be a star player for Amazon.com, Inc (NASDAQ: AMZN). As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening. But to be clear, it is nothing dramatic, just...
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Global Demand Isn't Booming. So Why Are Shipping Rates This High?
Friday, August 6, 2021 - 5:17pm | 1327Read More...There is no COVID-era surge in global cargo demand. There's a lengthy albeit temporary spike in congestion compounded by a localized, stimulus-and-savings-driven demand boom in America. That explanation for skyrocketing rates gained more traction Friday when liner giant Maersk released details of...
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Brokers And Carriers Pursue Higher Margins On Domestic And Cross-Border Freight
Friday, August 6, 2021 - 3:09pm | 867Read More...Today's risk-averse transportation landscape inhibits profit maximization for many companies eager to gain an advantage. It only makes sense that shipping a high-value commodity would bring in more revenue, but the risks involved often scare away carriers and brokers from hauling these loads in...
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Rejection Rate Down Meaningfully But Spot Rates At All-Time High — What Gives?
Friday, August 6, 2021 - 2:59pm | 2475Read More...This week's DHL Supply Chain Pricing Power Index: 70 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 70 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 65 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
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Postal Service Reports $3 Billion Year-On-Year Loss
Friday, August 6, 2021 - 12:14pm | 644Read More...Shipping and package volume moved by the U.S. Postal Service declined by 14.1% year-on-year in its fiscal year 2021 third quarter as a surge in demand for package delivery services began to slow, the quasi-governmental agency said Friday. Revenue for that sector of the Postal Service's business...
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US Rail Traffic Growth Slows In July
Friday, August 6, 2021 - 12:12pm | 821Read More...U.S. rail traffic in July continued to be higher than July 2020, but that growth appeared to be moderating. The U.S. operations of the Class I railroads hauled 1.97 million carloads and intermodal units in July, a 3.8% increase year-over-year. While carload volumes grew 6.6% to 904,670 carloads,...
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At BCB Transport, Newbies Need Not Apply
Friday, August 6, 2021 - 12:11pm | 659Read More...Like many fleet owners, Rick Larkin wants and needs more drivers. With two pay raises so far in 2021, he is willing to put his money where his mouth is. But Larkin, president of truckload carrier BCB Transport LLC, is not so desperate that he will hire just anyone to fill the seats of his 300 power...
















