How reverse logistics can help retailers avoid ring around the collar

The spend-crazy consumer has been both a blessing and a curse for the logistics industry. The positive is the additional volume of boxes being moved. The negative? Fraud, theft and rising logistics costs.

We have heard stories about or know at least one person who has worn an outfit with the tag on to a wedding or a one-time event only to return the item after wearing it. This is called “wardrobing.” Retailers who do not catch these used items carelessly put them back on the rack or in stock to...

https://www.freightwaves.com/news/how-reverse-logistics-can-help-retailers-avoid-ring-around-the-collar

Revised Amazon deal to boost Sun Country’s cargo profits

Sun Country Airlines’ cargo activity and profits will significantly improve under an amended transportation services agreement to operate freighter aircraft for Amazon’s e-commerce parcel network, an executive with the leisure carrier said Friday.

Under the revised contract announced Thursday, Amazon will place eight additional Boeing 737-800 converted freighters with Sun Country (NASDAQ: SNCY) to operate on its behalf. The retail giant also extended the contract until 2030. The aircraft, which...

https://www.freightwaves.com/news/revised-amazon-deal-to-boost-sun-countrys-cargo-profits

Delivered buys $100K in assets from defunct Point Pickup Technologies

Strongsville, Ohio-based parcel shipping company Delivered recently agreed to purchase virtually all assets from Point Pickup Technologies, months after the company closed due to bankruptcy.

According to an acquisition agreement approved by a Miami-Dade County Circuit Court judge on June 10, Stamford, Connecticut-based Point Pickup Technologies agreed to sell $100,000 in company assets to Delivered. The assets include all customer lists, software and transferable permits, most books and records,...

https://www.freightwaves.com/news/delivered-buys-100k-in-assets-from-defunct-point-pickup-technologies

Amazon transferring Boeing 737-800 cargo jets to Sun Country Airlines

Leisure carrier Sun Country Airlines will fly up to eight additional Boeing 737-800 converted freighters for Amazon under a contract extension announced Thursday.

Minneapolis-based Sun Country (NASDAQ: SNCY) has operated a dozen Amazon-supplied Boeing narrowbody cargo jets since 2020. It said its contract for providing crews, maintenance and insurance has been extended until 2030 and that it will begin operating the initial aircraft in the first quarter of 2025.

All eight aircraft are expected to...

https://www.freightwaves.com/news/amazon-transfers-8-boeing-737-800-cargo-jets-to-sun-country-airlines

Cargojet enters charter deal for Chinese e-commerce

Cargojet, best known for operating a domestic overnight airfreight network in Canada for Amazon and DHL Express, said Monday it has begun providing scheduled charter service for Great Vision HK Express to support growing e-commerce orders from China.

Under a three-year contract with China-based Great Vision HK Express, estimated to generate US$116.2 million in total revenue, the Canadian air cargo company will operate at least three flights per week from Hangzhou to Vancouver, British Columbia,...

https://www.freightwaves.com/news/cargojet-enters-charter-deal-for-chinese-e-commerce

US Customs tightens enforcement on low-value e-commerce trade

U.S. Customs and Border Protection has suspended several customs brokers from a program designed to speed entry for low-value shipments but has paved the way for an explosion of e-commerce imports from China and India that the agency is struggling to police.

CBP didn’t spell out specifics in Friday’s suspension announcement but implied the intermediaries were penalized because filings for cargo release repeatedly failed to comply with requirements that the importer use “reasonable care” to...

https://www.freightwaves.com/news/us-customs-tightens-enforcement-on-low-value-e-commerce-trade

Amazon reports $143B in Q1 revenue, topping Wall Street expectations

E-commerce giant Amazon reported better-than-expected earnings and revenue for the first-quarter, driven by tweaks in its logistics operations, as well as growth in its advertising and cloud computing units, according to Amazon CEO Andy Jassy.

“Delivery speed really matters to customers and we’ve continued to get faster while improving our safety performance,” Jassy said during a call with analysts Tuesday. “Over the past year, we’ve talked about how our regionalization efforts have helped to...

https://www.freightwaves.com/news/amazon-reports-143b-in-q1-revenue-topping-wall-street-expectations

Amazon concentrates parcel freighters at US air hubs, report says

Amazon’s private cargo airline, Amazon Air, took a different approach with its North American and European networks during the past 12 months. It has been streamlining operations in the U.S. by prioritizing larger planes and major hubs, but relying less on hubs in Europe as flight activity decreases, according to a report published Thursday.

The air logistics unit’s meteoric growth has ended after seven years, but the company was able to maintain operating levels at a time when many cargo...

https://www.freightwaves.com/news/amazon-concentrates-parcel-freighters-at-us-air-hubs-report-says

Running on Ice: The fulfillment trend grows

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All thawed out 
(Photo: Misfits Market)

Fulfillment for perishable goods seems to be the new trend for...

https://www.freightwaves.com/news/running-on-ice-the-fulfillment-trend-grows

Vroom laying off 515 workers in Texas, part of nationwide restructuring

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Online used vehicle dealer Vroom announced it is laying off 515 workers in the Houston area and...

https://www.freightwaves.com/news/vroom-laying-off-515-workers-in-texas-part-of-nationwide-restructuring