Last Mile

Amazon beats Q4 expectations, forecasts slower Q1 growth

E-commerce and technology giant Amazon reported better-than-expected earnings and revenue for the fourth quarter, but company officials predicted slower growth for the upcoming period.

The Seattle-based company’s revenue guidance for first-quarter 2025 net sales is between $151 billion and $155.5 billion, lower than the $158.56 billion that analysts were expecting. 

The guidance anticipates an unfavorable impact from foreign exchange rates, said CFO Brian Olsavsky.

“We estimate the year-over-year...

https://www.freightwaves.com/news/amazon-beats-q4-expectations-forecasts-slower-q1-growth

La startup de vehículos eléctricos Canoo se declara en quiebra y cesa sus operaciones

El espacio de los vehículos eléctricos de servicio mediano sigue reduciéndose. Canoo, la startup de vehículos eléctricos de siete años, se acogió al Capítulo 7 de la ley de bancarrota y anunció el cese inmediato de sus operaciones. A presione soltar señaló que el proceso de liquidación está siendo...

https://fullavantenews.com/la-startup-de-vehiculos-electricos-canoo-se-declara-en-quiebra-y-cesa-sus-operaciones/?lang=es

Electric vehicle startup Canoo files for bankruptcy, ceases operations

The medium-duty electric vehicle space continues to get smaller. Seven-year-old electric vehicle startup Canoo has filed Chapter 7 bankruptcy and announced an immediate halt to operations. A press release noted the liquidation process is being overseen by a bankruptcy trustee in the Delaware Bankruptcy Court.

Canoo Inc., once listed on the Nasdaq Composite under the ticker symbol GOEV, was a notable player in the EV market, particularly in the electric cargo segment. Despite its partnerships...

https://www.freightwaves.com/news/electric-vehicle-startup-canoo-files-for-bankruptcy-ceases-operations

Amazon workers plan global protests on Black Friday, Cyber Monday

Some Amazon employees and activists in 20 countries are preparing to strike or protest on Black Friday and Cyber Monday as part of the “Make Amazon Pay” demonstrations.

This is the fifth year in a row that workers at Amazon have staged the protests and strikes over what they say are poor working conditions at the company. The demonstrations will take place this Friday through Monday.

The organizers said they demand that Amazon pay its workers fairly and respect their right to join unions, pay its...

https://www.freightwaves.com/news/amazon-workers-plan-global-protests-on-black-friday-cyber-monday

OneRail secures $42 million to solve last-mile delivery problems

Last-mile solutions provider OneRail has raised $42 million in venture capital backing for product development and to expand its team.

The Series C funding round was led by Los Angeles-based Aliment Capital. The venture raise brings OneRail’s total funding to $109 million.

“This new funding round enables us to deepen our decision logic upstream in the order process to help solve some of the acute challenges facing retailers and wholesalers, such as … split orders, out-of-stocks, or worse,...

https://www.freightwaves.com/news/onerail-secures-42-million-to-solve-last-mile-delivery-problems

Bills could help small railroads build new track, bridges

The tax credit many small-business railroads depend on to help fund capital improvements has gotten a potential boost in Congress.

Bills introduced in both the Senate and House of Representatives would modify the Railroad Track Maintenance Credit, updating the credit for inflation and allowing expenditures on short-line track that has been acquired since 2015 to be included.

Known as 45G, the tax credit has been a key incentive for short lines to invest more of their own funds for upgrading track...

https://www.freightwaves.com/news/bills-could-help-small-railroads-build-new-track-bridges

Unifying middle and last mile can deliver a customer experience revolution

Bart

By Bart De Muynck

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

In the age of e-commerce dominance, customer expectations have skyrocketed. Fast, transparent and convenient delivery are no longer just perks; they have become baseline expectations. To meet these demands, businesses need to optimize every stage of the supply chain. Here’s where a crucial shift takes center stage: marrying the middle mile and the...

https://www.freightwaves.com/news/unifying-middle-and-last-mile-can-deliver-a-customer-experience-revolution

Uber Freight taps industry veterans for commercial, final-mile growth

Managed transportation provider Uber Freight announced Wednesday it has hired two key executives to leverage their expertise in growing the company’s commercial operations and final-mile network.

Dan Annunziata, Uber Freight’s head of Commerical (Photo: Uber Freight)

The leadership of the company’s commercial organization will now be entrusted to Dan Annunziata. With a track record spanning 15 years at legacy brokerage C.H. Robinson (NASDAQ:CHRW), he brings extensive experience in various sales...

https://www.freightwaves.com/news/uber-freight-taps-industry-veterans-for-commercial-final-mile-growth

OneRail survey details retail shippers’ last-mile delivery needs

A recent study by last-mile solutions provider OneRail found retailers consider diversifying their delivery networks crucial and revealed strategies they use to better understand those networks.

OneRail CEO Bill Catania (Photo: LinkedIn)

The study also highlighted what today’s end consumers expect from retailers.

The study found, first, that technology plays a pivotal role for 63% of retailers surveyed in strategically planning and forecasting their last-mile delivery needs.

In addition,...

https://www.freightwaves.com/news/onerail-survey-details-retail-shippers-last-mile-delivery-needs

Google’s Wing introduces new delivery drone with double the payload

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This story originally appeared on Flyingmag.com.

Wing — the drone delivery arm of Google parent...

https://www.freightwaves.com/news/googles-wing-introduces-new-delivery-drone-with-double-the-payload

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