LX Pantos President and CEO Lee Yong-ho discusses how the Korea-born logistics provider is building out its U.S. footprint, digital platforms and installation business as part of a broader push to become a top-tier global player. Lee also details the company’s contract logistics strategy, its priority overseas markets and its progress on sustainability commitments.
ShipStation, a provider of automated shipping services, is enabling customers to select less-than-truckload carriers and tender shipments on its parcel platform, marking the first concrete integration of services since the merger with WWEX Group this year.
Amazon said it continued to expand ultra-fast delivery and improve fulfillment center efficiency, partly due to more robotics deployment, during the second quarter.
Grip has shipped more than $3 billion in perishable goods since 2022. Now it hands its fulfillment operation to a 40-year veteran of frozen distribution.
Amazon has deployed 1 million robots, mostly in the United States. Now it is investing heavily to expand robot use across fulfillment centers in Europe.
Stord investors have provided more funding to accelerate the use of artificial intelligence in the company’s e-commerce fulfillment centers, bringing the total amount raised to nearly $800M over the past decade.
Walmart’s sophisticated supply chain system is allowing it to speed up delivery speeds to customers who order online. The extra convenience was a key factor in the company’s 26% gain in e-commerce sales during the first quarter.
Amazon has opened its logistics network to outside businesses, a move analysts believe could increase intermodal volume while disrupting major industry players.
Sam’s Club members can now pay for one-hour delivery from a neighborhood store, part of Walmart’s strategy to compete with Amazon for online sales.
Home Depot has bought a warehouse automation firm to help speed item picking.
IKEA is using autonomous delivery vehicles to ferry goods from a warehouse to a local store to reduce wait times and transportation costs.
Walmart’s e-commerce business, supported by its store-fulfillment and delivery services, grew 27% in the fourth quarter and has turned profitable.
Koch Companies announced it has acquired Store Opening Solutions, a provider of retail inventory consolidation services.
Amazon is testing an ultra-fast delivery service in Seattle and Philadelphia, but in the United Arab Emirates shoppers the service is so fast shoppers can get orders within 15 minutes.
A new Amazon fulfillment center near Portland, Oregon, is open for business and the retailer is ready to develop another facility in the Midwest.
Emails sent to select carriers introduce Walmart’s new brokerage program and outline the benefits of participation.
Maersk has taken over a major logistics function in the United States on behalf of Levi Strauss, feeding merchandise to the retailer’s stores and filling online orders.
ShipHero is separating its warehouse management system from its fulfillment business by launching a subsidiary 3PL, LVK, to better focus on customers. The move is to better position itself in the industry as the freight recession continues and venture capital in the FreightTech community becomes scarcer.
Analysts said Shein could help Flexport get a boost in volume and revenue that the firm has seen decreasing throughout the freight recession.
Shared warehousing, distribution and fulfillment services are making it possible for companies to adapt to fluctuations in demand, providing the same functional benefits of an owned warehouse, distribution or fulfillment center without the upfront investment and risk.
