Freight bankruptcies mount in March as trucking, logistics firms file Chapter 11
A growing list of transportation companies filed for Chapter 11 in March, highlighting continued financial strain across the supply chain.
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Final mile (also called “last mile”) is a term used to refer to the last leg of a delivery route (it is not a mode of transportation). Businesses can define last mile in different ways, depending on what is most relevant to their business and their customers’ expectations. Final mile delivery falls into two categories: light goods (typically less than 150 pounds) and heavy goods.
A growing list of transportation companies filed for Chapter 11 in March, highlighting continued financial strain across the supply chain.
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform.
Maersk’s Sam Coiro explains how the ocean giant uses its existing fulfillment infrastructure and multi-carrier network to deliver packages coast to coast with one label, one invoice and one tracking number.
The owner of an Amazon delivery service provider was recently convicted of defrauding the retailer of nearly $10 million.
Amazon has taken the lead as the largest U.S. domestic parcel carrier and smaller independent couriers are also taking market share from the U.S. Postal Service, FedEx and UPS.
UPS is pulling back from its relationship with Amazon, undergoing a huge restructuring to prioritize healthcare, SMBs, and premium e-commerce customers.
Target is expanding its next-day delivery service to 20 additional cities.
Straightship and Dragonfly have launched a strategic partnership that gives U.S. retailers a single integration point for northbound shipments, delivering one tracking number, pre-cleared customs and consistent service from major cities to remote communities.
Walmart has agreed to pay $100M to dismiss a lawsuit by the federal government and 11 states that it deceived app-based delivery drivers about pay they would receive.
UPS is using incentives to encourage parcel drivers to leave their jobs.
Walmart’s e-commerce business, supported by its store-fulfillment and delivery services, grew 27% in the fourth quarter and has turned profitable.
When it comes to e-commerce delivery, FedEx only wants longer-haul, heavy and high-value parcels because operating as a local courier for small packages isn’t profitable.
Another attempt to license last mile delivery drivers in New York City is raising many questions on numerous logistics issues.
FedEx management on Thursday explained the rationale for their new investment in InPost, a fast-rising European parcel carrier.
Amazon continues to set the pace for parcel delivery expectations, rolling out same-day pharmacy delivery to another 2,000 locations this year.
Newbie parcel carrier Gofo stoked its big growth ambitions with the acquisition of Cirro E-commerce, an e-commerce logistics platform company, giving it better inroads to retail customers.
FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.
The U.S. Postal Service saw quarterly adjusted operating income tumble by nearly two-thirds as parcel volume fell by double digits and revenue contracted during the peak shipping season.
Veho is offering e-commerce shippers a way to reduce costs so they can offer free shipping if they are willing to accept day-range certainty instead of a day-definite delivery, in effort to differentiate themselves from other independent parcel carriers.
Canada Post and the Canadian Union of Postal Workers have finally finalized language on a new labor contract. It’s been a long, difficult process.