Locus sees major opportunities in Mexico’s e-commerce marketplace

Aiming to capitalize on the rapid growth of e-commerce transactions across Mexico, last-mile solutions provider Locus has expanded its operation and service offerings in the country.

To double down its efforts in Mexico, Locus has also partnered with Mexico City-based LastMile Consulting, aiming  to better understand the regional market nuances to service existing and new customers.

“We’ve identified Mexico as a high-growth market and are in the process of establishing a legal entity and people...

Last-mile delivery of big items a fertile field for 3PLs, report says

The last-mile delivery of big and bulky e-commerce items will be big business for 3PLs through 2025, following the trend of the past four years, according to a report published Thursday by 3PL research and consulting firm Armstrong & Associates Inc. and the National Home Delivery Association.

According to the report, the highly fragmented $9.3 billion market, which grew at an 18.2% compounded annual rate from 2017 to 2021, will experience 11.8% annual growth from 2022 through 2025. The segment...

https://www.freightwaves.com/news/last-mile-delivery-of-big-items-a-fertile-field-for-3pls-report-says

Affidavit: FedEx Ground contractor killed Texas girl in panic after accident

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Content warning: This story contains graphic details about how Athena Strand died, based on the...

https://www.freightwaves.com/news/affidavit-fedex-ground-contractor-killed-texas-girl-in-panic-after-accident

Viewpoint: How carriers can address emerging risks to improve CX in the last mile

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This commentary was written by Eduardo Lopez-Soriano, vice president at UPS Capital. The views...

https://www.freightwaves.com/news/viewpoint-how-carriers-can-address-emerging-risks-to-improve-cx-in-the-last-mile

Wabash CEO leverages military training in transforming trailer business

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How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO...

https://www.freightwaves.com/news/wabash-ceo-leverages-military-training-in-transforming-trailer-business

Fernish sees a circular economy for furniture

2 men unloading furniture from van

PHILADELPHIA — A little talked about but growing market is the furniture rental space. Dominated by a few companies, the furniture rental service market size is projected by Fortune Business Insights to reach $139.05 billion by 2029. It was $67 billion in 2021.

With that expected growth, there is room for more than just a few companies, and one of those at Home Delivery World 2022 is Fernish. Founded in 2017 by Lucas Dickey and Michael Barlow, the furniture rental company continues to see its...

https://www.freightwaves.com/news/fernish-sees-a-circular-economy-for-furniture

Leveraging technology to build reliability and same-day delivery at scale

Changes in consumer demand paired with global supply chain disruptions present a unique challenge for businesses. Consumers expect increasingly faster delivery and companies of all sizes must compete for their attention.

Businesses often struggle to create ultra-reliable final-mile solutions without stringing together regional partners or managing a fleet of their own — both costly in time and overhead.

Amazon’s recent growth of its same-day delivery services and Walmart’s expansion of its online...

https://www.freightwaves.com/news/leveraging-technology-to-build-reliability-and-same-day-delivery-at-scale

The supply chain, the final mile and the Great Oz

Brian Bourke of Seko Logistics speaks on stage

PHILADELPHIA — Home Delivery World 2022 kicked off with a bang on Wednesday with a pair of keynote speakers who quickly put the role e-commerce now plays in supply chains in clear focus.

“[It’s] like the Great Oz, we mystically sat in the background. Enter 2020,” Amiee Bayer-Thomas, chief supply chain officer for Ulta Beauty, told morning attendees at the conference at the Pennsylvania Convention Center.

“If you are not winning today in the supply chain, you’re not winning at all,” she added.

While...

https://www.freightwaves.com/news/ulta-beauty-seko-logistics-leaders-talk-supply-chain

HyperTrack raises $25M in series A to build out final-mile API tech

Woman in delivery van with boxes

HyperTrack, a last-mile logistics technology company, announced Wednesday the closing of a $25 million series A funding round and release of its BuilderX software. The funding round was led by WestBridge Capital and existing investor Nexus Venture Partners.

The Berkeley, California-based company offers technology that provides “post-dispatch ground truth” for businesses operating in the last-mile delivery space, especially those that use gig economy drivers.

Total funding in the six-year-old...

https://www.freightwaves.com/news/hypertrack-raises-25m-in-series-a-to-build-out-final-mile-api-tech

Peloton to outsource all final-mile deliveries as part of broad revamp

Peloton Interactive Inc. will turn over all of its final-mile warehousing and delivery functions to existing partners J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) and XPO Logistics Inc., (NYSE: XPO) and will end in-house final-mile delivery operations, a company spokesman said Friday.

The shift will occur over the coming weeks, the spokesman said. In addition, the struggling fitness company will close all 16 warehouses that have supported in-house deliveries, according to the spokesman.

The...

https://www.freightwaves.com/news/peloton-to-outsource-all-final-mile-deliveries-as-part-of-broad-revamp

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