While most of the focus has been on capacity constraints for ocean containers and truckload freight, e-commerce shippers remain concerned about the impacts on the last mile.
As warehouse automation firm Berkshire Grey prepares for a public stock offering later this month, President Steve Johnson sat down with Modern Shipper to discuss the company’s outlook.
Research firm Cowen issued a positive report on electric vehicle maker Electric Last Mile Systems, citing its experience management and low capital need.
Stripe and Thrive Market are both reportedly eyeing IPOs in two potential blockbuster listings in their segments.
Chinese warehouse automation firm Hai Robotics is reportedly looking for a $150 million raise at a $1.3 billion valuation.
DoorDash’s midyear report on delivery trends found a $2,900 order for perfumes and comfort food and grooming supplies seeing large order growth through the first six months of 2021.
On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.
OneRail announced its last-mile fulfillment platform is now integrated with and available from SAP’s Commerce Cloud network.
Bringg helped U.K. retailer Co-op scale its e-commerce business from 30 stores to over 800 in a year’s time — and do so in a more environmentally friendly way.
Warehouse automation company Geek+ announced it has sold 20,000 autonomous mobile robotics solutions around the world.
Zebra Technologies will acquire Fetch Robotics for $290 million, adding warehouse automation tools to its portfolio.
Headless commerce company Shogun has raised $67.5 million to scale its solution and speed the go-to-market process.
Two Oregon delivery providers have terminated their contract with Amazon, but the e-tailer has countered and said the companies wanted $36 million to continue servicing the contract.
As drone delivery services ramp up, the time is quickly approaching when warehouses will need to adjust their operations to accommodate single-package loading.
Last-mile delivery management company Onfleet said its software has now helped facilitate more than 100 million deliveries.
ShipBob has secured a $200 million Series E round, valuing the cloud-based logistics platform at over $1 billion.
Electric Last Mile Systems went public through a SPAC merger on Monday, with its stock initially jumping about 10% before sliding as the morning trading session wore on.
Last-mile delivery firm AxleHire has added a sortation center in Chicago, where it will start making deliveries using its expanding transportation network.
Sendle is known for offering e-commerce sellers flat-rate shipping options, and now it has an additional $35 million to accelerate expansion of its network.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.
