goPuff

FreightTech Friday: Gartner critiques real-time-visibility market players

Technology research and consulting firm Gartner recently released its Real Time Transportation Visibility Platform (RTTVP) report, highlighting the space’s top performers while suggesting areas for improvement.

The company describes RTTVPs as platforms engineered to offer real-time tracking and status updates on orders after they leave the warehouse, using integration with carrier systems or telematics for data gathering. The report assesses various levels of complexity in RTTVP implementation,...

https://www.freightwaves.com/news/freighttech-friday-gartner-critiques-real-time-visibility-market-players

Delivery company Gopuff continues layoffs, outsourcing

Gopuff delivery app

A few months after announcing the layoffs of hundreds of employees, Gopuff continues to trim its workforce.

The 30-minute delivery company last week cut just under 250 workers, people familiar with the matter told Bloomberg on Wednesday. According to Gopuff, the layoffs affect the firm’s customer service team and include a mix of full-time and temporary employees.

The cuts are part of an internal restructuring by Gopuff, announced in July. The company had intended to eliminate the roles months...

https://www.freightwaves.com/news/delivery-company-gopuff-continues-layoffs-outsourcing

FTC to crack down on ‘unfair, deceptive’ gig company practices

FTC gig economy rideshare

The Federal Trade Commission is throwing down the gauntlet against gig companies like Uber, Lyft and DoorDash.

The FTC on Thursday released a policy statement that made clear the agency’s commitment to protect gig workers from “unfair, deceptive and anticompetitive practices.” While the statement does not have any legal power, it mentions a laundry list of practices that the FTC is looking to combat, including:

  • Misrepresentations of the flexibility of gig work
  • Diminished bargaining power
  • Reducing...

https://www.freightwaves.com/news/ftc-to-crack-down-on-unfair-deceptive-gig-company-practices

Ultrafast grocery firm Jokr pulling out of US, selling assets

Grocery delivery bag on porch

As I wrote back in May, instant grocery delivery has reached an inflection point. 

Throughout the pandemic, investors poured boatloads of cash into ultrafast delivery startups, some of which had valuations north of $10 billion. But the promise investors initially saw in quick commerce has gradually evaporated.

It’s been a tumultuous few months for ultrafast delivery startups, and New York’s Jokr is the latest casualty. The company this week revealed that it would scrap its small share of the U.S....

https://www.freightwaves.com/news/ultrafast-grocery-firm-jokr-pulling-out-of-us-selling-assets

Sources say Gopuff shuttering up to 22 warehouses

Gopuff instant delivery shutdown

The blows just keep coming for instant delivery.

Ultrafast delivery poster child Gopuff, which is valued at over $15 billion, plans to shut down or pull back on operations at 22 of its U.S. warehouses, two people familiar with the matter told Insider. The news comes during a week that has seen rival 15-minute delivery startups Gorillas and Getir make significant layoffs, with the latter cutting thousands of workers worldwide.

The unnamed sources confirmed that about half of the 22 facilities...

https://www.freightwaves.com/news/sources-say-gopuff-shuttering-up-to-22-warehouses

Gopuff plans to lay off hundreds of employees ahead of potential IPO

Instant delivery company Gopuff, which delivers food, grocery and alcohol within 30 minutes, is planning to lay off 3% of its approximately 15,000-strong workforce.

Instant delivery company Gopuff, which delivers food, groceries and alcohol to customers within 30 minutes, plans to lay off several hundred employees, according to The Information.

The planned reduction of 3% of Gopuff’s workforce comes after the company implemented a hiring freeze earlier this month and dealt with the resignations of several key executives, The Information reported. According to a source who was briefed about the move, the cuts are part of the company’s effort to shave down...

https://www.freightwaves.com/news/gopuff-plans-to-lay-off-hundreds-of-employees-ahead-of-potential-ipo

The Log Book: Operation Lifesaver celebrates 50 years of rail safety education

The Log Book is a weekly rundown of human interest stories related to the transportation industry. This week: Operation Lifesaver celebrates 50 years of rail safety education, PCG donates 20,000 boxes to service organizations and Gopuff begins delivering COVID-19 tests in 20 mins.

Operation Lifesaver celebrates 50 years of rail safety education

Non-profit rail safety education and awareness organization Operation Lifesaver will be observing its 50th anniversary this year.

Through various...

https://www.freightwaves.com/news/the-log-book-operation-lifesaver-celebrates-50-years-of-rail-safety-education

The Log Book: CFI delivers for 28th annual Truckloads of Treasures

The Log Book is a weekly rundown of human interest stories related to the transportation industry. This week: CFI employees raise holiday funds for local charities, XPO joins other industry professionals for Wreaths Across America Day and Gopuff gives toward Kentucky tornado relief.

CFI celebrates 28th annual Truckloads of Treasures campaign 

North American logistics provider Associates of CFI, an operating company of TFI International Inc., announced last week that it raised $39,000 as part of...

https://www.freightwaves.com/news/the-log-book-cfi-delivers-for-28th-annual-truckloads-of-treasures

GoPuff raises $1.5 billion in anticipation of 2022 IPO

Gopuff has raised $1.5 billion as it gears up for a 2022 IPO

As a FreightWaves story opined in May, it’s time the logistics industry took notice of Gopuff. Well, it has, and so have investors.

According to a securities filing in Delaware first flagged by Prime Unicorn Index, the instant delivery company backed by SoftBank, Fidelity Management and Research Co. and Blackstone Group has raised $1.5 billion in what’s being called a series X raise, which could push its valuation as high as $40 billion, Axios reported. Multiple reports suggest the raise is...

https://www.freightwaves.com/news/gopuff-raises-1-5-billion-in-anticipation-of-2022-ipo

The Log Book: Gopuff helps support runaway and homeless youth

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Gopuff donates to eight Covenant House locations, new Trucking Cares president announces new campaign and Bendix Huntington builds an all-inclusive playground for the disabled.

Gopuff helps support runaway and homeless youth

On-demand delivery platform Gopuff announced this week it is donating $40,000 in company credits to Covenant House, a privately funded global charity that provides...

https://www.freightwaves.com/news/the-log-book-gopuff-helps-support-runaway-and-homeless-youth

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