Perhaps no single segment of the supply chain was more affected by the COVID pandemic than last-mile delivery. The final mile has undergone an evolution as e-commerce and faster delivery demands take hold.
The top executive’s departure comes as the carrier struggles to efficiently process an avalanche of holiday traffic.
AskWaves: The behemoths ordinarily shouldn’t be concerned about a national delivery network forged out of the OnTrac-LaserShip merger. But these are not ordinary times.
The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.
News comes days before LaserShip’s private equity parent to announce $1.3 billion purchase of fellow regional delivery firm OnTrac.
Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
Can regional carriers and last-mile delivery companies build out national delivery networks?
Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.
Valuations are high and going higher heading into 2021, experts say at Armstrong conference.
Anxious shippers look to regionals after being kicked to the curb by the big boys.
