UPS fires on all cylinders in Q4 and 2021, sending shares soaring
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
Modern Shipper covers the gig economy, including same-day, on-demand, and last-mile delivery jobs and services. Readers will find current news on gig economy companies, gig economy workers, gig economy data and trends. In addition, Modern Shipper focuses on e-commerce, e-commerce platforms and companies, and e-commerce services and technologies.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
RenoRun, a last-mile delivery provider of building and construction materials, has raised $142 million in a series B round and announced its expansion to Washington, D.C.
Glencore is selling its metals warehousing business to Malaysia-based Infinity Logistics and Transport Ventures.
E-commerce is becoming an increasing area of focus for some ocean carriers.
Data collection is only part of the solution for e-commerce brands. It’s understanding what to do with that data and how much to share with customers that really matters.
Robomart, the company pioneering the store on wheels, is ready to shape the future of retail delivery with its store-hailing model.
New provisions approved by New York Mayor Eric Adams this week will transform working conditions for food delivery workers.
BigCommerce is focused on ramping up its B2B offerings as e-commerce continues to overtake traditional business buying practices.
Point Pickup is launching a gig economy app that rewards workers for making deliveries through the platform.
Merchants Fleet CEO Brendan Keegan discusses the company’s 2021 performance and his outlook for this year.
The DHL unit is the first commercial customer of Boston Dynamics’ Stretch robots.
Elroy Air wants to enable same-day delivery to every person on the planet. It’s now one step closer with the reveal of its flagship model.
BJ’s Wholesale Club is acquiring four distribution centers and the related private truck fleets from Burris Logistics as it looks to secure its refrigerated supply chain.
One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.
With its foundation in place, Gatik looks to accelerate middle-mile autonomous deliveries across North America.
Germany’s Wingcopter struck a deal with aerial medical services company Spright to deliver medical supplies to underserved areas of the U.S. via drone.
According to Deloitte’s 2022 Retail Industry Outlook, supply chain automation and voice-enabled commerce are top of mind for retailers.
Amazon doesn’t have any pilots. It outsources flight operations to airlines. Find out which one is supporting cargo service to Wichita.
Host John Kingston also looks at renewable diesel, which might not be as plentiful as envisioned.
E-commerce personalization platforms are playing an increasingly important role in the success of last-mile delivery.