ecommerce logistics

Look at Asia-Pacific to understand future of retail

Look at Asia-Pacific to understand future of retail (Photo: JD.com)

As COVID-19 continues to rage on, the retail market is in the midst of seismic disruption as consumers continue to shift from shopping at stores to buying online. The transition toward e-commerce had been gradual, then the pandemic accelerated the move online — and nowhere is it more evident than in the Asia-Pacific region.  

Management consulting firm Bain & Company has come out with a report on the future of retail in Asia-Pacific, detailing how the region is “leapfrogging” development stages...

https://s29755.pcdn.co/news/look-at-asia-pacific-to-understand-future-of-retail

Cold chain services provider closes $8.7M funding round

PSS facility

Money flowing through the cold chain to fund logistics real estate expansion projects continues as pandemic-induced stay-at-home lifestyles have become the new norm. Several large operators in the space continue to grow their networks through acquisition and expansion. The smaller companies are getting in on the action as well.

Founded in 2016, temperature-controlled e-commerce fulfillment provider Perishable Shipping Solutions (PSS) announced it has just closed on a Series A funding round...

https://s29755.pcdn.co/news/cold-chain-services-provider-closes-87m-funding-round

JD.com buys $432 million majority stake in express delivery giant

JD.com buys $432 million majority stake in express delivery giant (Photo: Kuayue Group)

Chinese e-commerce giant JD.com has acquired a controlling stake in Chinese express transport company Kuayue Express Group for 3 billion yuan ($432 million). JD Logistics, the logistics arm of JD.com, will now work with Kuayue Express, a firm regarded as a front-runner in “limited-time express service” — integral to JD.com’s idea of same- and next-day delivery. 

“Kuayue Express is a reliable delivery services provider and industry leader in express courier services with innovative technology and...

https://s29755.pcdn.co/news/jd-com-buys-432-million-majority-stake-in-express-delivery-giant

Delivering envelopes to refrigerators, all in a few hours

Delivering envelopes to refrigerators, all in a few hours (Photo: Jim Allen/FreightWaves)

Since the rise of e-commerce, the last-mile delivery segment has evolved to become a distinguishing factor helping companies gain a strong foothold in the market. Though the pandemic has expectedly created chaos within last-mile delivery networks, they have largely refashioned to include social distancing in their processes and continued operations. 

Haultail, an on-demand delivery platform, seeks to continue delivering products in a matter of hours, even in the ‘new normal.’ The startup has...

https://s29755.pcdn.co/news/delivering-envelopes-to-refrigerators-all-in-a-few-hours

Commentary: Newark is a hub for logistics – and logistics startups

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

As one of the largest world-class logistic hubs, Newark, New Jersey is strategically situated between the Port of Newark and the Port of Elizabeth and Newark Liberty International Airport, efficiently moving millions of tons of freight each year. Together, Port Newark and Port Elizabeth comprise the second-largest port in the U.S. and can handle north of 2...

https://s29755.pcdn.co/news/commentary:-newark-is-a-hub-for-logistics-–-and-logistics-startups

FM Logistic’s operating income up 20%; future guidance withheld

French trucks on break

French-based third-party logistics provider FM Logistic on Wednesday reported 21% year-over-year growth in earnings before interest and taxes (EBIT) for its fiscal year ended March 31.

Operating income of 42.5 million euros (U.S. $47.8 million) was the result of only modest revenue growth of 8.7% at 1.43 billion euros (U.S. $1.61 billion). Excluding foreign exchange rates, revenue increased 8% during the year. Management said the increase came from “entirely organic” growth.

“FM Logistic again...

https://www.freightwaves.com/news/fm-logistics-operating-income-up-20-future-guidance-withheld

Today’s Pickup: COVID-19 gives smaller e-commerce firms a chance against Amazon

COVID-19 gives smaller e-commerce firms a chance against Amazon (Photo: Pexels)

Good day,

It is no surprise that e-commerce is a definitive winner within the retail segment in the context of COVID-19. E-commerce retail sales spiked as an increasing number of people moved online to shop, while retail outlets remained shut due to the pandemic. Though it was evident that Amazon would be one of the foremost gainers in this melee, the pandemic has had a silver lining for several small and midsize e-commerce businesses as well.

The chaos surrounding logistics during the pandemic...

https://s29755.pcdn.co/news/todays-pickup:-covid-19-gives-smaller-e-commerce-firms-a-chance-against-amazon

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