Today’s Pickup: Philly Fed data shows solid January; Morgan Stanley warns on inventories
Philadelphia Fed manufacturing data shows strength in January.
Philadelphia Fed manufacturing data shows strength in January.
Shipping trends of 2019 are requiring established freight carriers to evolve their operational models. UPS is developing more super-hubs to facilitate growth through handling more high margin shipments.
Originally planned as an outlet mall, lot to get new lease on life as industrial property
Will Amazon take more boxes at the expense of FedEx, UPS, USPS?
Manufacturing leads first-party logistics growth because of the sector’s long-established supply chains. Retail is the next-largest contributor to first-party logistics growth through the impact of e-commerce.
Prime offerings gained serious traction over holidays.
New center to employ 850 full-timers
Amazon to get warrants that could amount to nearly 40% of ATSG stock
Amazon Air presents a new challenge to legacy air freight carriers by announcing a new hub at Fort Worth Alliance airport.
Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.
FedEx Express hit by rapid decline in international economic activity.
Labor continues to rumble in warehousing sector; Autonomous truck demos one thing, but roadworthy vehicle is another.
Will the mailbox monopoly be loosened to let the big boys in?
Amazon’s project, expected to be completed in late 2019, is significant in that it will be Amazon’s first regional air facility, and will be the first the company will build from scratch. It may also take on added significance because of the vast logistics ecosystem of which the airport is a part.
USPS should avoid the heavy stuff like this, consultant says.
Walgreens also testing same-day deliveries with multiple providers.
A Trump administration review of the struggling U.S. Postal Service proposes sweeping changes in its operations that is raising alarm bells for Amazon.
Company makes first acquisition in its history and creates a global footprint.
Highest Thanksgiving week on-time delivery rates in 5 years.
The shipping network buildout continues.
Google Search becomes part of XPO’s last-mile tracking portfolio.
The Canadian Parliament is still considering legislation but the union is pushing back.
Trucking executive points to final mile delivery as draining driver pool, so think about that on Cyber Monday.
Largest industrial facility in Port of NY/NJ region to be built in 2 years.
“Amazon Prime, the company’s $119/year membership program which offers free two-day shipping and now boasts more than 100 million members, seems to be a key driver of their growth.”
Amazon came out on top according to the judges in FreightWaves’ Research Institute’s inaugural Freight.Tech 25, which identified the most disruptive and innovative companies in the freight space.
From A to X, a wide range of honored companies.
New York and Crystal City the big winners, of course, but Music City will house e-retailer’s operations center for the eastern U.S.
It seems Amazon couldn’t quite decide on a single location for its 50,000 promised employment opportunities, and so it has split the difference.
As more delivery companies join Amazon partner program, speculation mounts about the e-giant’s transportation and logistics grab
Tuesdays may not be good days to be on the road; transport firms need to boost analytics usage to match what customers are doing.
Deliverr is helping businesses ship products on ecommerce platforms with an Amazon-like fulfillment service.
Shell introduces ultrafast charging stations to Europe; UPS increases capacity at the wake of the holiday season; CMA CGM offers to buyout Ceva Logistics.
For the first time ever Target will offer free, two-day shipping with no minimum purchase required this holiday season, in a bid to win shoppers over rivals like Walmart and Amazon.
Trump government looks to phase out IMO2020 sulfur cap regulations; Shanghai Composite Index crashes by 3%; Amazon revisting cities for finalizing HQ2.
Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty, which sets how much can be charged for international shipping.
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
Most of the move has no impact on ecommerce or last mile, but one small change could bring some new demand.
Shipwell, a freight shipping platform that makes shipping a seamless experience for SMEs, has raised $10 million in its Series A financing round, led by Fifth Wall VC.
Amazon 4-star will open to the public today in the SoHo neighborhood of New York.
XPO’s seasonal numbers are up 20% from last year. Those sorts of needs is why Amazon has a unique program for a unique group of people.
This is all part of the startup’s mission to help independent ecommerce businesses battle giants like Amazon.
While many in the brick-and-mortar retail businesses applaud the decision as an effort to even the playing field between online and traditional retail, others are concerned with the negative effects the decision is sure to have on small online businesses.
Amazon is scaling up its asset side on both last mile delivery and linehaul, pursuing a low-cost strategy of leased vehicles, independent contractors, and power-only deals with enterprise carriers.
With peak season just around the corner, the LoadStar reports “turmoil” and “chaos” in all UK ports; A call with investors has revealed that investment in supply chain and rising transportation costs ate into Best Buy’s margins last quarter, but sales increased overall; and more in Today’s Pickup.
Transpacific container rates post gains; United States and Mexico try to reach an agreement on the automotive trade; what Amazon did last week; Lloyd’s of London rethinks marine insurance; Mexico City’s new airport has uncertain future; tanker market faces added pressure from US-China spat.
Amazon has promised to name a location this year for the so-called HQ2 project, which it claims will ultimately employ 50,000 people. Using SONAR, from a freight perspective, we’re here to help.
Low-speed vehicles are not often considered when companies are looking for commercial vehicles, but upgrades to a line of electric compact utility vehicles could change that.
The growth for Walmart was strong across the board, but ecommerce and groceries were key contributors.
Elon Musk said that Saudi Arabia wants to buy Tesla; The New York Times wakes up to the driver pay issue; Amazon touts its private label brands ahead of the holiday season; lidar maker Quanergy appears to be struggling; Chicago’s mysterious surge in turndowns.
Ultimately, the winner of the e-commerce battle, whether groceries or the greater retail one, will come down to which company better understands human behavior.
The closing of Toys ‘R’ Us is the latest sign of e-commerce’s dominance, and the absence of specialty stores may accelerate the move to online channels
Ultimately, the winner of the e-commerce battle, whether groceries or the greater retail one, will come down to which company better understands human behavior.
The next big thing is food. Not just food, but hot food, and not just hot food but hot–delivered–food.
Amazon spent $21.7 billion in shipping last year – a number which could be reduced if the company took control of its supply chain instead of partnering with 3PLs.
In December 2017, XPO was considered an acquisition target by Amazon and Home Depot. We argue that there is a much better fit with this massive and storied trucking operation.
Amazon (AMZN: NYSE) is a power player in the online grocery scene, with sales growing at a rate of 40 percent year-over-year.
Kuebix, a transportation management system (TMS) that delivers a wide variety of freight analytics, plans to take a look at the impact Amazon Prime Day will have on the supply chain.
Technology is set to up-end three of the largest industries that truckers ship for: Retail, auto, and agriculture. All three are under attack from technology forces.
The constant criticism by President Donald Trump of the United States Postal Service’s package delivery deal with Amazon is manifesting itself in other ways as the administration recommends restructuring the Postal Service, possibly into a privately held corporation.
The Supreme Court ruled in favor of allowing states to collect taxes on all sales made through online channels, helping large omnichannel retailers compete online for sales.
Amazon has been in talks with major hospitals across the U.S. to look into the possibilities of venturing into the healthcare supply chain.
Target’s Restock program is a direct competitor to Amazon Prime Pantry, and now the retailer is rolling out the program nationally with free shipping and next-day delivery for all Redcard purchases.
It will literally take an act of Congress to right the sinking USPS ship. Even heavy attrition and solid growth in packages and shipping can’t stop the losses.
The ambiguity surrounding trade talks is leading companies most affected by the tariffs to delay hiring or spending plans until they have a clearer sense of what the administration will do.
TMW CEO Wangler dies; a complete guide to Tesla’s borrowing & spending; inflation, consumer spending rise; the UAE’s Hyperloop; lost trucker wanders through Oregon forest for 4 days, lives to tell the tale.
Amazon and the US Postal Service have grown package volumes and profits together in a mutually beneficial relationship.
Amazon announced Tuesday it has joined with General Motors and Volvo Cars to start offering in-car deliveries, giving its couriers access to potentially millions of vehicles in 37 U.S. markets.
Irrespective of who wins the race to deploy the first fully autonomous vehicles, the unanimous view was that in the future, size is going to matter and carriers/OEMs will need balance sheets to be able to survive.
E-commerce is intensifying last mile delivery activity; warehouse prices are climbing rapidly in consumer-dense markets; but the logistics space is fragmented, with high EBITDA multiples and low barriers-to-entry hindering consolidation.
In a move many see as a continuation of his feud with Jeff Bezos, President Trump authorized a task force to look into USPS business practices. Beyond the personal spat, there are real issues with how the post office charges for delivery and the relationship with Amazon
Several states say online retailers should have to collect sales tax, even in states where the companies don’t have a physical presence.
China approves drone package delivery; driver pay is up 15% in 3 years; Hapag-Lloyd has a plan to switch to low sulphur fuel; Trump gears up for fight with Amazon; Barclay’s thinks WTI crude will drop to $51 this year.
The demand for last-mile services has increased by 50% in the last 18 months, driven primarily by the B2C companies.
Health company higi is opening up resources at its 11,000 self-screening health stations to truck drivers who are members of Rolling Strong for free biometric testing.
Stifel says UPS is now under-priced; Hapag-Lloyd offers digital rates platform for its customers; the Hudson Tunnel revamp just got harder; freight brokers do record volumes in January.
Used Class 8 truck prices increased 2% year-over-year in January, but fell 3% over December 2017, according to latest data from ACT Research.
Truckers Against Trafficking has launched the Man to Man Campaign in an effort to eliminate human trafficking in the transportation industry.
E-commerce sales are putting pressure on retailers and that is leading to additional changes to the movement of freight and logistics.
From a merchant perspective, Shipping with Amazon would provide increased competition in the shipping space, while also providing Amazon with more data about the products people are buying.
A better last-mile experience. That’s what the e-commerce game has become, and all logistics services across the supply chain are clamoring for opportunities and efficiencies to squeeze the blood out of the turnip.
The ELD compliance rate continues to inch up among fleets according to the latest survey conducted by CarrierLists.
The Owner-Operators Independent Drivers Association has joined efforts to change the current hours-of-service rules to allow drivers to stop driving when they are tired.
On top of creating a Godzilla-size footprint across the world, Amazon has also put together a string of strong quarters, 11 to be exact. How significant is their disruption into the carrier space?
UPS is asking for inclusion of part-time drivers to make Sunday deliveries and also to allow use of personal vehicles in its latest demands in contract negotiations with the Teamsters, according to reports.
The complete loss of Amazon as a customer would not interrupt the ability of FedEx and UPS to continue as prosperous companies even without Amazon.
Amazon is rolling out free two-hour delivery of Whole Foods groceries through its Prime Now service starting today.
Really want to guess where HQ2 will end up? Follow the tech talent pool and logistics network.
Jim Johnston, longtime president and CEO of the Owner-Operator Independent Drivers Association (OOIDA), has passed away following a year-long battle with lung cancer, the association announced Monday evening.
51% of all returns occur in January, when Americans will send back $30B of unwanted gifts. Reverse logistics represent a huge cost increasingly eaten by retailers, while 3PLs stand to make big margins.
XPO Logistics stock shot up to ~$90 on a rumored acquisition by Home Depot, and some analysts think the price will rise much, much higher.
Target has made a massive investment in Shipt, a same-day grocery delivery service for online orders that relies on personal shoppers. Target hopes to challenge the rapid growth of Walmart’s online food sales and wants to offer same-day shipping for all of its products by the end of 2019.
Walmart has patented an ‘unattended retail storefront’ that would be located in customers’ homes and stocked by autonomous vehicles, part of its quest to compress or eliminate delivery delays altogether.
Walmart’s commitment to digital sales, grocery pickup, and two day delivery mean a newly intensified supply chain: more truckloads to its stores, which are now acting like fulfillment centers, more expedited service in the holiday shopping capacity crunch, and more demand for last-mile delivery to its customers’ homes.
Amazon has officially entered the freight app business with a new option called Relay. The app debuted last month, CNBC reported, and will make it easier for truck drivers to get into and out of Amazon facilities.
The price of diesel fuel jumped last week, rising 6.3 cents per gallon to $2.882. The increase follows a rise in oil prices and a 20-cent jump in fuel taxes in California, that went into effect on Nov. 1.
Amazon has written a provision into the National Defense Authorization Act that could funnel huge amounts of Department of Defense procurement through their platforms, giving them even more leverage over suppliers.
If you live in an apartment complex you know. Packages pile up in stairwells, landings and hallways. You especially know which of your neighbors avidly use their Amazon prime memberships. Amazon is now building delivery solutions designed for this scenario.
Reigning supreme against the current industry leader must have felt sweet. Alibaba’s market value has officially outpaced Amazon, Yicai Global reports.
C.H. Robinson will implement Omnitracs’ Virtual Load View (VLV) application as it seeks ways to improve visibility into load tracking. The system will run alongside C.H. Robinson’s own Navisphere system.