Flying cars set for slow takeoff, rapid ascent
After a slow start, Morgan Stanley sees the urban air mobility market quickly accelerating after the year 2040, growing from a $1.5 trillion market size to more than $9 trillion in 10 years.
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.
After a slow start, Morgan Stanley sees the urban air mobility market quickly accelerating after the year 2040, growing from a $1.5 trillion market size to more than $9 trillion in 10 years.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
E-commerce technology company Stackline announced a $130 million investment from TA Associates to fund additional technology development.
Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.
According to reports in local media, Kroger and Drone Express officially kicked off their drone delivery pilot program in Centerville, Ohio, Wednesday.
A report said that Walmart-owned Flipkart is close to securing $3 billion in new funding as the Indian e-commerce giant explores a possible IPO.
Petco leverages its stores to fulfill 83% of online sales. That’s much higher than Target’s %, which has the best omnichannel operation in retail.
Pinterest has launched new shopping features as it looks to further engage users in e-commerce.
Rideshare drivers sometimes need a cash advance to cover short-term expenses, but traditional banks offer few options. COVERR hopes to bridge that gap.
Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.
Final-mile delivery technology company OneRail announced it has added more than 1 million drivers to its network, giving shippers access to more last-mile capacity.
Conflicting surveys continue to cloud the picture on the best approach to employment status for gig workers, leaving legislators, companies and drivers in a state of uncertainty.
A tale of 2 job reports: Seasonal numbers are closely watched by economists, but the other measurement suggests some success at hiring.
FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers.
JOKR launches in New York City Thursday with the promise of 15-minute grocery delivery.
While the company is already present in Germany, France, the U.K., Canada and Australia, it plans to use these new funds to expand internationally, specifically further into Western Europe.
DHL research released Thursday provides insights for “e-tailers that wish to lead on environmental issues,” said Greg Hewitt, CEO at DHL Express USA.
The Federal Communications Commission is sued over a decision that could affect progress in truck platooning communications.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it is offering end-to-end logistics services to other companies.