XPO posts solid bottom-line numbers in third quarter despite persistent macro weakness
XPO Logistics stays ahead of macro weakness as net income, EPS jump in q3
Get Information & Insights on Final Mile Delivery
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.
XPO Logistics stays ahead of macro weakness as net income, EPS jump in q3
Ten trucks participated in NACFE’s Run on Less Regional event, showcasing the fuel efficiency opportunity that awaits regional haul fleets. The trucks achieved an overall 8.3 miles per gallon during the 18-day event, far ahead of the national fleet average of about 6 mpg for regional trucks, Mike Roeth, executive director of NACFE, said.
Engines in Australian trucks may have been modified to allow them to break speed limits. Australian police have been reading premises across the country. In other Down Under News: APE eats up AHG; new boss for Orcoda; mobile phone driving surveillance laws; broken bridges; accident black spots; corporate debt.
Amazon looks to boost value proposition for big shippers with customized delivery service at rock-bottom rates
Amazon.com. Inc. (NASDAQ:AMZN) late Thursday reported third-quarter revenue of $70 billion, a 24% increase over the same period in 2018, as well as a 46% surge in worldwide shipping costs as it made massive transportation and logistics investments to upgrade delivery times and to take more control of the shipping process amid continued demand for […]
E-commerce giant Amazon.com, Inc. is expanding its in-store pickup service Counter, announcing on October 23 that it is partnering with GNC, Health Mart and Stage Stores.
UPS expands drone operations, healthcare and e-commerce services
FedEx Express [NYSE: FDX] on Friday used an unmanned aerial vehicle instead of a truck for last-mile residential deliveries on behalf of pharmacy retailer Walgreens. The Oct. 18 deliveries were made by Wing, a subsidiary of Google parent company Alphabet, in Christianburg, Virginia, under a pilot program authorized by the U.S. Federal Aviation Administration (FAA). […]
Flytrex is an Israeli on-demand small payload drone delivery company that will be delivering products ordered online straight to the consumers’ house.
Meal-kit delivery company HelloFresh leverages data from last-mile movement and consumer feedback to make its deliveries precise and error-free.
Instead of providing square footage for dine-in customers, five restaurant operations will use the kitchen solely to prepare the food for delivery through DoorDash’s app.
eTrac, CLDA enter partnership to draw more last-mile carriers into eTrac database
FedEx Freight goes national for its last-mile heavy freight deliveries
This shift in Amazon’s logistics should make brick and mortar competitors like Walgreens, CVS, Walmart and Target nervous.
The amount paid by Uber for majority ownership of Cornership has not been disclosed.
Amazon ramps up truckload business by going all-in on power unit investment
Since 2018, Revel has expanded its fleets into Brooklyn, Queens and Washington, D.C. and plans to reach 10 cities by 2020.
Inpax, a delivery partner of Amazon.com, lays off more than 600 after Amazon cuts ties
Deutsche Post-owned EV major StreetScooter has announced plans to expand to the U.S. market, commencing pilot tests early next year with DHL Express.
Körber Logistics, the investment and logistics arm of tech conglomerate Körber of Hamburg, Germany, has acquired a majority stake in the warehouse autonomous logistics robot installer and consultancy Cohesio.