Refraction AI sees big opportunity in Texas
“We’re trying to deploy a fleet and do volume deliveries and learn more about that than anybody else in the autonomous space,” says CEO Luke Schneider.
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.
“We’re trying to deploy a fleet and do volume deliveries and learn more about that than anybody else in the autonomous space,” says CEO Luke Schneider.
A majority of businesses plan to maintain online buying processes put in place during COVID-19 even after the pandemic subsides, according to an Amazon Business survey.
E-commerce management company Whitebox has released Omnifi, a single platform that connects e-commerce brands’ marketing, sales and logistics channels.
FedEx Freight has more business in some regions than it can manage, so it is freeing up capacity by telling hundreds of customers it won’t pick up their shipments starting Monday, June 14.
Offering speed enables retailers to build scale and density, but only if expectations are appropriately set and delivered on as promised.
Spartacus will acquire the company in a valuation of more than $1B; more than $400M will be plowed back into the business for growth.
SaaS platform company Cleo, which specializes in the integration of B2B enterprise data and saw rapid growth in 2020 due to e-commerce, received a strategic investment from H.I.G. Capital.
The push to deliver items to the consumer faster is hampering efforts to create a more sustainable supply chain.
Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.
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.