Mark Manduca, CIO for GXO, told Modern Shipper the company is proving its logistics business model works, and retailers are responding positively.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
Fabric and its microfulfillment networks are already valued at $1 billion despite operating in just three cities.
Autonomous trucks hauling freight for Walmart are running with no driver in the seat in Arkansas, says autonomous vehicle company Gatik.
Square posted a 45% increase in revenue, but lower-than-expected bitcoin revenue dampened analysts’ enthusiasm for the Q3 results.
Few people buy winter coats in May, but inefficiencies in e-commerce returns can mean a coat returned in January remains unsold months later.
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.
The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.
Post-purchase experience technology firm Narvar is adding insights into retailers’ logistics networks with a real-time monitoring service.
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.
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.
Companies stymied by the chip shortage have figured out a way to keep operating while cutting their losses.
Beans.ai emerges from stealth with $17M in funding and plans to map the final foot of delivery.
Resilient Power lands $5M in seed funding as it looks to commercialize its fast-charging technology.
Uber is partnering with EV charging company Wallbox to offer discounted charging units for drivers in the San Francisco area under a pilot program.
The backyard drone delivery company just completed its third expansion in the state and is nearing airplane certification from the FAA.
Amazon is opening a robotics research and development and manufacturing facility in Massachusetts, bringing 200 jobs to the region.
Wing, the drone delivery subsidiary of Alphabet, just announced a partnership with Walgreens to deliver in densely populated areas.
Zebra Technologies adds three autonomous robots and a fulfillment software package for operations that require order-picking accuracy.
