This week: Loadsmart teams up with The Home Depot Foundation to support veterans, Ruan aids community after celebrating its 90th anniversary, and Walmart donates to nonprofits at the grand opening of a new e-commerce fulfillment center in Pennsylvania.
Chicago-based on-demand freight marketplace closes on $200 million series D round.
Retail inventories jump ahead of the holiday buying season but the need for restocking will extend well into 2022, which bodes well for freight demand.
“Leaders should realize that you’re not going to get a lot of benefit by trying to build volume with negative margins. The goal here is to be focused on value-adding technology and cloud adoption, not in volume building,” says Loadsmart co-founder and co-CEO Felipe Capella.
Discount chain Dollar Tree expects the positive impact from heightened consumer demand to be totally offset by elevated transportation expenses this year.
As it navigates COVID-era supply chain challenges, The Home Depot focuses on treating carriers with the same respect as its own employees.
A dramatic shift away from services and toward goods brought a surge in demand for The Home Depot products. With freight capacity strained, the team at The Home Depot strengthened […]
The headlines are touting Target’s store fulfillment numbers, but Home Depot’s right behind, fulfilling 55% of online orders from stores. This is particularly advantageous for Home Depot, which sells goods that are more often heavier and bulkier than its retail counterparts.
Several of the nation’s largest retailers say inventory positions are improving. However, retail sales continue to outpace efforts to stock up, suggesting trucking demand could stay elevated well into 2021.
The Home Depot, a current customer of Loadsmart, was happy to see the brokerage continue its commitment to bring freight optimization to its supply chain.
