European Uber rival Bolt eats up $709 million raise
Estonia-based Bolt offers a platform similar to Uber’s, with a ride-hailing business and food and grocery delivery services.
Estonia-based Bolt offers a platform similar to Uber’s, with a ride-hailing business and food and grocery delivery services.
Miami-based Elion is adding 10 last-mile logistics assets in a $245 million deal.
A new report predicts that the adoption of drones and self-driving delivery vehicles will accelerate in the years ahead, creating a $4.9 billion market by 2030.
Uber has announced it will no longer deliver from restaurants in Brazil through its Eats platform, focusing instead on growing its grocery and retail delivery businesses.
After Amazon announced it would become the first customer for Stellantis’ ProMaster electric van, Rivian stock tumbled, dropping more than 20% at one point.
BrightDrop announced FedEx has ordered 2,000 additional electric vans and is in discussions for up to 20,000 more. Walmart also has placed an order for EVs, planning to add 5,000 to its home delivery fleet.
New last-mile delivery vehicles and electric platforms from Udelv, Ree Automotive and Lightning eMotors have been announced in recent days.
Walmart plans to rapidly expand its InHome Delivery service, hiring 3,000 drivers to handle deliveries.
New tax reporting standards that go into effect in January could help or hurt gig workers, depending on how their employers react.
Whether you’re running an online store or a brick-and-mortar outlet, timely deliveries are crucial for a hassle-free purchase experience.
Tel Aviv-based delivery platform Bringg wants to bring unprecedented flexibility to the last mile.
Perhaps no single segment of the supply chain was more affected by the COVID pandemic than last-mile delivery. The final mile has undergone an evolution as e-commerce and faster delivery demands take hold.
Drone delivery reached new heights in 2021, and as a result, there was no shortage of interest in the technology.
Veho, a crowdsourced e-commerce delivery platform, has raised $125 million to become last-mile delivery’s latest unicorn company.
The Bay Area-based autonomous vehicle maker received an investment from TDK Ventures, a subsidiary of Japanese multinational electronics company TDK Corp.
The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.
Uber Eats will begin delivering from select restaurants in Santa Monica using autonomous vehicles provided by Motional.
FedEx Express has taken delivery of the first electric vans as part of a 500-unit order from BrightDrop. The vehicles are in operation in California.
Launched in April 2020, Uber Connect is now offering same-day local delivery to 6,000 cities across the country.
Technology platform Deliveright is expanding its services to include heavy-goods delivery in Canada.