Last-mile delivery

FedEx and UPS must adapt to changing parcel landscape 

By Satish Jindel 

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

For decades, FedEx and UPS essentially functioned as a duopoly in the U.S. parcel delivery market. With few challengers, they made lots of money.

The second-quarter earnings release from UPS on July 23 shocked many investors, resulting in the stock dropping 12% within minutes of the earnings call. The big surprise was that UPS customers are...

https://www.freightwaves.com/news/fedex-and-ups-must-adapt-to-changing-parcel-landscape

Delivered buys $100K in assets from defunct Point Pickup Technologies

Strongsville, Ohio-based parcel shipping company Delivered recently agreed to purchase virtually all assets from Point Pickup Technologies, months after the company closed due to bankruptcy.

According to an acquisition agreement approved by a Miami-Dade County Circuit Court judge on June 10, Stamford, Connecticut-based Point Pickup Technologies agreed to sell $100,000 in company assets to Delivered. The assets include all customer lists, software and transferable permits, most books and records,...

https://www.freightwaves.com/news/delivered-buys-100k-in-assets-from-defunct-point-pickup-technologies

OneRail solution targets inventory shrinkage in logistics

Last-mile fulfillment provider OneRail recently introduced a solution, OmniPoint Inventory Visibility, designed to help prevent inventory shrinkage, the discrepancy between recorded inventory and actual stock.

The solution, OmniPoint, seeks to address pain points OneRail found in a survey of 300 logistics leaders, two-thirds of whom said they experience inventory shrinkage in transit. Most cited visibility issues or inaccurate inventory data.

Related: OneRail survey details retail shippers’...

https://www.freightwaves.com/news/onerail-solution-targets-inventory-shrinkage-in-logistics

DHL to pay $8.7M to settle EEOC race discrimination lawsuit

Delivery company DHL has agreed to pay $8.7 million to settle a class race discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission.

DHL, a transport and logistics provider, will pay the settlement to a group of 83 Black employees who were subjected to discrimination because of their race, the EEOC announced in April. The company will also be subjected to the oversight of former EEOC Commissioner Leslie Silverman to monitor compliance with the consent decree.

“In this...

https://www.freightwaves.com/news/dhl-to-pay-8-7m-to-settle-eeoc-race-discrimination-lawsuit

FreightTech Friday: Loadsure takes insurtech solution to Europe

On Monday, London-based insurtech provider Loadsure announced it is massively expanding its presence in Europe, offering its freight insurance and risk management solutions to Germany, France, Denmark, Norway, Finland, Sweden and the Benelux region — Belgium, the Netherlands and Luxembourg.

The company also announced its new hire, Ben Brough, will lead the international team as the director of Europe, bringing almost three decades of underwriting and insurance experience. His focus will be...

https://www.freightwaves.com/news/freighttech-friday-loadsure-takes-insurtech-solution-to-europe

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

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

Walmart adds 1.8M homes to Dallas-Fort Worth drone delivery service

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
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googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

This story originally appeared on Flyingmag.com.

The world’s largest retailer just announced what it...

https://www.freightwaves.com/news/walmart-adds-1-8m-homes-to-dallas-fort-worth-drone-delivery-service

Postal Service EV rollout off to shaky start

WASHINGTON — Stolen electric vehicle charging station equipment and office thefts at the U.S. Postal Service are troubling signs for agency watchdogs as the Postal Service begins moving toward electrifying its delivery fleet.

Concern about the thefts and the ability of the Postal Service to protect its assets appears in a new audit report published by the Postal Service’s Office of Inspector General (OIG).

“We found that management controls over the storage of charging stations … were not...

https://www.freightwaves.com/news/postal-service-ev-rollout-off-to-shaky-start

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