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Interest In Parcel Lockers Grows For Online Shopping-Addicted Americans
Tuesday, July 27, 2021 - 1:55pm | 1411Nearly 14% of Americans reported being victims of package theft in the past 12 months, according to a December survey from Finder. That equals 35.5 million Americans and an average package theft value of $156.82. A new survey released Tuesday morning on package theft and security solutions from...
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Instacart To Build Warehouses In Partnership With Retailers
Thursday, July 22, 2021 - 12:54pm | 1024Instacart is moving beyond the store with plans to open robotic fulfillment centers for grocers to handle online orders. The grocery delivery company has announced that Fabric will provide the software and robotics for the facilities, which will start rolling out over the next 12 months, according...
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GLS To Handle Last-Mile Deliveries For Sendle In Western US
Thursday, July 22, 2021 - 11:07am | 731Flat-rate shipping firm Sendle has announced a partnership with GLS Group to handle last-mile parcel deliveries in eight Western states. GLS offers parcel, less-than-truckload and truckload transportation solutions in Europe and the Western U.S. The agreement will enable e-commerce sellers to send...
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Prep For Peak Season Before It's Too Late — At Your Doorstep
Tuesday, July 20, 2021 - 4:16pm | 215It's going to be tough to match the stress the 2020 holiday shopping season put on the parcel delivery network, but continued COVID-19 spread and lack of capacity in freight networks could lead to shippers being out of luck again this year around peak season deliveries. There are some steps...
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COVID Drove E-Commerce Sales Boom; They Are Accelerating In 2021
Tuesday, July 20, 2021 - 10:47am | 1752Last week, the U.S. Commerce Department shocked analysts when it announced overall retail sales rose 0.6% in June, rebounding from a downwardly revised 1.7% drop in May. Excluding auto sales – which are still being hampered by global semiconductor shortages – retail sales climbed 1.3%. The...
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Walmart Moves Robotics Strategy From In-Store To Distribution Centers
Wednesday, July 14, 2021 - 4:05pm | 691Late last year, Walmart (NYSE: WMT) severed what was to be a five-year partnership with Bossa Nova Robotics. Less than a year into the alliance, Walmart said human resources were just as capable and efficient as their robotic counterparts when it came to optimizing the stocking of shelves in its...
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Buying.com Is Ready To Usher In The Second-Generation E-Commerce Revolution
Monday, July 12, 2021 - 4:11pm | 1732The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Amazon.com, Inc. (NASDAQ: AZMN) came online during 1995 as yet another online bookstore. One that didn't even have the support of...
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DeliverEnd And Perfit Partner To Provide End-To-End Solution
Monday, July 12, 2021 - 12:28pm | 661Last-mile logistics services provider DeliverEnd is partnering with contactless shopping company Perfit to establish an end-to-end, same-day local delivery solution for online shoppers. The partnership will combine DeliverEnd's scalable last-mile delivery solutions and driver networks with Perfit's...
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5 Reasons To Buy Etsy According To Needham
Thursday, July 8, 2021 - 12:44pm | 302Etsy Inc (NASDAQ: ETSY) should be able to retain the record-high new users added to its platform in 2020, while the recent acquisitions of Depop and Elo7 will expand the company’s total addressable market to include “new attractive categories, demographics and geographies,”...
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2 Oregon Delivery Providers Drop Amazon; e-Tailer Says They Demanded $36M
Wednesday, June 30, 2021 - 11:20am | 1715Two delivery companies in the Portland, Oregon, area have quit Amazon (NASDAQ: AMZN). Last Mile Delivery and Triton Transportation stopped hauling packages for the e-tailer last week and the attorney representing both companies told Modern Shipper that litigation against Amazon is being considered...
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Prime Day Is Over, But The Lessons Are Just Beginning
Thursday, June 24, 2021 - 10:54am | 1840Day one of Amazon (NASDAQ: AMZN) Prime Day on Monday resulted in record sales, with online sales jumping 8.7% to $5.6 billion according to early data compiled by Adobe Analytics. With Walmart (NYSE: WMT), Target (NYSE: TGT), and others also offering special discounts this week to combat Amazon,...
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Demystifying The Magic Of Amazon — Point Of Sale
Thursday, June 24, 2021 - 10:22am | 318Point of Sale is sponsored by ArcBest. ArcBest is more than logistics. Whatever you do, whatever you ship, ArcBest makes it easier for you to do business. ArcBest combines reliable capacity, innovative technology and trusted relationships to take the complexity out of your supply chain and keep...
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Amazon Paying $150M For 20% Stake In Plus And Buying 1,000 Trucks
Monday, June 21, 2021 - 2:32pm | 617Amazon Inc. (NASDAQ: AMZN) is purchasing 1,000 trucks with high-autonomy software from startup Plus in a deal giving the e-commerce giant a 20% stake in the company. Hennessy Capital Investment Corp. V (NASDAQ: HCIC), the special purpose acquisition company (SPAC) sponsoring Plus for public...
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This Week Will Be About More Than Amazon's Prime Day Sales
Monday, June 21, 2021 - 1:09pm | 843The week of Amazon's (NASDAQ: AMZN) Prime Day event is finally here, but the upcoming week includes some big names' earnings reports, such as Nike (NYSE: NKE) and FedEx Corporation (NYSE: FDX), along with a new round of economic reports, including the GDP. Monday- No Major Earnings Reports...
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Options Traders Bet Big On JD.com
Thursday, June 3, 2021 - 5:16pm | 601JD.Com Inc (NASDAQ: JD) broke bullish on Tuesday from a descending channel that had been pushing its stock down since Feb. 17 when it made a new all-time high of $108.29. The Chinese online retailer and internet company’s stock then consolidated on Wednesday and Thursday, tagging the eight-...