last mile logistics

Link Logistics reports ‘strong’ demand for last-mile locations

Last-mile real estate operator Link Logistics broadened its portfolio again in the third quarter and said demand for well-positioned locations remains favorable.

The company signed 766 leases representing 24.4 million square feet of space in the period. Its portfolio was 96.4% leased on a same-store comparison, which was 100 basis points lower year over year (y/y) but level with the second quarter.

Blended cash leasing spreads — a comparison of new rents to expiring rents — were 57% in the...

https://www.freightwaves.com/news/link-logistics-reports-strong-demand-for-last-mile-locations

Last-mile companies poised to shake up the market

U.S. retailers have a last-mile problem. Complex routes, failed deliveries, returned products and consumer expectations around delivery speed, flexibility and reliability have complicated the last-mile equation in recent years. 

Add to that the rising costs of fuel and labor and the last mile is now the most expensive portion of the delivery process.

In fact, according to Capgemini, last-mile delivery accounts for more than half of the total cost of shipping. And per Statista, as much as $41 of...

https://www.freightwaves.com/news/last-mile-companies-poised-to-shake-up-the-market

Daily Infographic: Make last-mile logistics more sustainable with 3 key initiatives

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The post Daily Infographic: Make last-mile logistics more sustainable with 3 key initiatives appeared first on FreightWaves.

https://www.freightwaves.com/news/daily-infographic-make-last-mile-logistics-more-sustainable-with-3-key-initiatives

Last mile isn’t enough anymore — it’s time to look at the last 100 feet

last-mile delivery apartment

If you live in an apartment building, chances are you know the pain of your delivery driver being unable to find your unit. You may have even had a package stolen because the driver couldn’t get into the building, instead leaving it on the front step.

These are the issues that have gone largely unaddressed by last-mile delivery and mapping companies like Google Maps. Akash Agarwal, founder and chief business officer of delivery startup Beans.ai, calls it “the last 100 feet problem.”

“[Google and...

https://www.freightwaves.com/news/last-mile-isnt-enough-anymore-its-time-to-look-at-the-last-100-feet

Logistics firm HyperTrack introduces last-mile metaverse

last mile delivery technology

Supply chains were never easy to figure out, and they haven’t become any more predictable. Some companies, though, are taking a technology-forward approach to anticipate what could go wrong, and when, and where.

Bangalore, India-based HyperTrack is among them, and the firm Wednesday launched a new solution that will take the last mile into the metaverse. The offering, called Playground, was added to HyperTrack’s BuilderX route optimization platform, announced last month, to allow users to test...

https://www.freightwaves.com/news/logistics-firm-hypertrack-introduces-last-mile-metaverse

Chilean supply chain startup SimpliRoute expands to US

supply chain logistics technology

Hundreds of U.S. companies are dedicated to solving the route optimization puzzle in logistics. If you live in America, it’s easy to get tunnel vision for the endless sea of innovative supply chain companies with U.S. roots, but companies all over the world are busy solving the same problem.

One of them, Chile’s SimpliRoute, this week announced its expansion to the U.S. The route optimization startup, which serves small businesses and big-name customers like Walmart in over 25 Latin American...

https://www.freightwaves.com/news/chilean-supply-chain-startup-simpliroute-expands-to-us

Leveraging health care forte to improve home delivery

If there’s one industry where on-demand and on-time delivery is vital, it’s health care. From medical samples to vaccines, lab tests and critical supplies, Capstone Logistics has served the health care industry for more than 30 years. 

Hospitals, pharmacies, at-home patients and labs have relied on these services during one of the most critical times in American medical history, helping Capstone earn a reputation as an industry leader.

Often unpredictable and spontaneous, the needs of the medical...

https://www.freightwaves.com/news/capstone-logistics-leverages-health-care-forte-to-improve-home-delivery

Retailers look to parcel lockers to trim last-mile costs

Last-mile delivery parcel locker

In the big game of supply chain, the last mile is the fourth quarter. Consider this: Last-mile costs account for over half (53%) of the total cost of shipping, which means the margin for error there is slimmer. It’s crunch time. Make or break. Whatever you want to call it, the last mile is where the shipping experience is won or lost.

But retailers face a dilemma. Cost-saving measures like route optimization and transportation management systems are now commonplace among retailers and their...

https://www.freightwaves.com/news/retailers-look-to-parcel-lockers-to-trim-last-mile-costs

Blue Yonder, Bringg driving Asda’s omnichannel makeover

Delivery man hands grocery items to woman

U.K. superstore Asda is building out its omnichannel capabilities with new order management capabilities from Blue Yonder and last-mile efficiency solutions from Bringg.

Asda had previously tasked Blue Yonder to transform its supply chain and retail operations, but it is now advancing those efforts by selecting the company’s Luminate Commerce solutions platform to modernize its order management capabilities. The inclusion of Bringg, which is a Blue Yonder technology alliance partner, ensures the...

https://www.freightwaves.com/news/blue-yonder-bringg-driving-asdas-omnichannel-makeover

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