Shares of Wayfair fall on back of mixed Q3 earnings
Wayfair stock is down in the early hours of trading on Thursday after a lackluster quarter.
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.
Wayfair stock is down in the early hours of trading on Thursday after a lackluster quarter.
Big volumes of container traffic are hitting GXO’s facilities, Wilson says.
Ulta Beauty is the latest brand to join DoorDash Drive, the food delivery company’s white-label last-mile fulfillment service.
Einride has been running its autonomous freight Pods in Europe since 2019, but founder and CEO Robert Falck has high hopes for the company’s entry to the U.S. “It is such a great challenge and I’m really excited. This U.S. freight transportation community is the most competitive in the world,” he said.
Berkshire Grey continues a string of product releases with the robotic shuttle product sortation system for e-commerce retailers.
After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.
The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.
“The investments we’ve made to date are paying off. As global supply chains continue to be disrupted, this is creating opportunities for us to become even faster, more agile and more efficient,” said an American Eagle executive in a recent earnings call.
Pitney Bowes plans to hire thousands of seasonal employees for holiday peak season, with many being offered the opportunity to remain with the company following the holidays.
Post-purchase experience technology firm Narvar is adding insights into retailers’ logistics networks with a real-time monitoring service.
The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
Bed Bath & Beyond continues its e-commerce evolution, making its home and baby product lines available for on-demand delivery through the Uber Eats app.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
Web browsers are responding to privacy concerns by eliminating third-party cookie tracking, but doing so also eliminates a key collection point for e-commerce sellers that rely on the data to create a seamless shopping experience for consumers.
Modern Shipper spoke with several supply chain executives to get their takes on what could be the most chaotic holiday season in recent memory.
When shippers are using several cobbled-together solutions with hit-or-miss integrations, they miss out on opportunities to optimize their business practices and workflows.
Both companies see their financial results weighed down by higher labor costs and operational disruptions due to staffing shortages.
CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.
Companies stymied by the chip shortage have figured out a way to keep operating while cutting their losses.