e-commerce logistics

$250 million SPAC eyes e-commerce, transportation

$250 million SPAC sets sights on transportation and logistics industry

E-commerce- and transportation-focused special purpose acquisition company (SPAC) Ocelot Acquisition Corp. I filed its registration statement Friday with the Securities and Exchange Commission. The blank check company is seeking to raise $250 million through an initial public offering.

The company’s sponsor is listed as an affiliate of Ocelot Capital Management LLC, an Austin, Texas-based family office investment firm. Ocelot has prior experience in the transportation industry.

In 2020, Ocelot...

https://s29755.pcdn.co/news/$250-million-spac-eyes-e-commerce-transportation

AI breaking down silos and improving e-commerce experiences

The fast acceleration of e-commerce is owed in part to the development of artificial intelligence. AI is what allows retailers to know what to stock, where to stock it and how to ship it. And often, AI is working hard for consumers in the background without them even knowing it.

“[AI] is the glue that can connect the good customer experience digitally to … the store [experience],” Sudhir Balebail, program director for IBM’s (NYSE: IBM) Sterling Order Management System, told Modern Shipper. “The...

https://s29755.pcdn.co/news/ai-breaking-down-silos-and-improving-e-commerce-experiences

Need for logistics space remains high, says Prologis

Prologis' real estate increases by $7 billion in value during the quarter

On its fourth-quarter earnings call Tuesday, management from logistics real estate giant Prologis Inc. (NYSE: PLD) said strong demand from the second half of 2020 has continued into the new year. “We entered 2021 with optimism and confidence,” commented CFO Tom Olinger.

The positivity stems from broad demand from the bulk of its customer base, with only hospitality suppliers struggling. Verticals touching consumer products, food and beverage, electronics, and health care are thriving. Management...

https://www.freightwaves.com/news/need-for-logistics-space-remains-high-says-prologis

Logistics real estate activity breaks records in Q4

Logistics real estate stays hot in Q4

Logistics activity continues to dominate the industrial real estate markets, according to global commercial real estate services firm Cushman & Wakefield (NYSE: CWK). The firm’s fourth-quarter outlook report highlighted the impact e-commerce is having on demand for logistics space.

Warehousing, distribution space in high demand

The report said the fourth quarter was the strongest on record for positive net absorption, the amount of space leased over that vacated, at 90 million square feet. The...

https://www.freightwaves.com/news/logistics-real-estate-activity-breaks-records-in-q4

U-Freight sees opportunities of an E-commerce logistics market predicted to exceed EUR500 billion by 2024


U-Freight sees opportunities of an E-commerce logistics market predicted to exceed EUR500 billion by 2024

Commenting on a recent report that suggests the global e-commerce logistics market is likely to exceed EUR500 billion by 2024, Simon Wong CEO of the U-Freight Group says his company is ready to meet the ever-increasing challenges of providing logistics services to this rapidly expanding sector of global trade.

Wong says: “Transport intelligence, a major provider of market research solutions...

http://www.allaboutshipping.co.uk/2020/03/09/u-freight-sees-opportunities-of-an-e-commerce-logistics-market-predicted-to-exceed-eur500-billion-by-2024/

+ More