final mile logistics

Maersk adds US final-mile network in $1.8B deal

Maersk adds to U.S. inland portfolio

A.P. Moller – Maersk announced Wednesday the acquisition of U.S.-based forwarder Pilot Freight Services in a $1.8 billion deal. The deal is the latest in a string of acquisitions that are transforming the company historically known as a shipping line into a global logistics outfit.

Headquartered in Glen Mills, Pennsylvania, 50-year-old Pilot provides first-, middle- and final-mile transportation, specializing in big and bulky freight delivery. The company operates 87 facilities throughout North...

https://www.freightwaves.com/news/maersk-adds-us-final-mile-network-in-18b-deal

$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

Skill makes all the difference in final-mile space

Consumers have long been enamored with the idea of bringing luxury amenities – from home gyms to movie theaters – into their own homes. A convenience once reserved for the wealthy, more and more middle-class families have decided to bring the gym to them over the last few decades. 

Demand for in-home workout equipment was heating up fast before COVID spread across the country last spring. It comes as no surprise that the closed gyms and stay-at-home orders that accompanied the pandemic led to...

https://s29755.pcdn.co/news/skill-makes-all-the-difference-in-final-mile-space

ClockWork finesses the final mile

Light highway truck traffic

While COVID-19 pressed the gas on technology adoption in the global transportation industry, a lot of the financial cost of that technology adoption falls to the truckload carrier or driver ⁠— an additional burden they don’t need. 

From November 2019 to November 2020, 500,000 fewer people were employed in the trucking industry. While the initiation of the Drug and Alcohol Clearinghouse last year removed thousands of drivers off the road, the reality is that drivers struggle with their level of...

https://www.freightwaves.com/news/clockwork-finesses-the-final-mile

The Daily Dash: Daseke shakeup; freight-tech legal battle looms

Daseke CEO resigns

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the CEO of flatbed operator Daseke has resigned and new board members have been named. Plus, a legal dispute between technology providers project44 and FourKites is heading to court and supply chain growth remains positive, but for the first time in four months, it has trended downward.

Daseke shakeup

The CEO of flatbed truckload operator Daseke has resigned amid a shakeup that includes new board...

https://s29755.pcdn.co/news/the-daily-dash-daseke-shakeup-freight-tech-legal-battle-looms

The final mile: Fixing supply chain’s weakest link

If the supply chain is a cake, then final mile is the icing. Not only is the icing the last step in the cake-making process but it’s also the most visible aspect of the dish itself. Comparably, the final mile is arguably the most important stage of the supply chain because of its visibility to customers.

A supply chain is only as strong as its weakest link. No matter how robust your logistics, a subpar delivery experience can tarnish the reputation of your entire brand.

Businesses often find it...

https://s29755.pcdn.co/news/the-final-mile-fixing-supply-chains-weakest-link

Great Quarter, Guys top 10 of 2020

Great Quarter Guys 11/17

It was a year of discussions, SPAC announcements, caring and not caring for the GQG crew. 

A list of their favorite episodes to round out the year.

An investor’s guide to final mile: Find out how paying attention to the little details can support success in final-mile logistics. 

What should Nikola do with its $700 million in cash?: Nikola is the talk of 2020 for good and for bad reasons, but can its cash worth be saved?

Hydrogen bubble or bust: The guys look at how large Walmart stock can rise and...

https://s29755.pcdn.co/news/great-quarter-guys-top-10-of-2020