Logistyx Technologies

E2open acquires Logistyx Technologies for $185M

Supply chain management platform E2open has acquired Logistyx Technologies, a provider of parcel and e-commerce shipping and fulfillment software.

With the acquisition, Austin, Texas-based E2open (NYSE: ETWO) expands its e-commerce and small shipment and parcel capabilities for its customers.

“The demand for e-commerce shipping capabilities continues to grow as companies look for more flexible and cost-effective ways to deliver products to consumers,” Michael Farlekas, CEO of E2open, said in a...

https://www.freightwaves.com/news/e2open-acquires-logistyx-technologies-for-185m

Shippers should embrace technology to survive continued capacity crunch

Much to shippers’ chagrin, pandemic-fueled headwinds – including labor shortages and changing consumer behaviors – continue to impact the entire supply chain. A few months into 2022, capacity constraints persist and rates remain elevated. 

Companies across the industry are facing similar challenges, but capacity concerns are especially strong in the parcel space. There has been a tremendous increase in parcel demand since the beginning of the coronavirus pandemic; this can be attributed – in...

https://www.freightwaves.com/news/shippers-should-embrace-technology-to-survive-continued-capacity-crunch

White Paper: How to Navigate Carrier Capacity Limitations

A resurgent economy – paired with the uncertainty of a yo-yoing pandemic – has taken its toll on companies across the logistics industry.

Shifting consumer behavior over the past 18 months has caused historically high demand in some sectors and unprecedented dips in others, leading to roller-coaster rates and widespread capacity disruptions.

Learn how to successfully navigate this difficult position by downloading this white paper.

Topics Include:

  • Capacity Limitations Threaten Performance
  • Continue...

https://www.freightwaves.com/news/white-paper-how-to-navigate-carrier-capacity-limitations

Black box parcel shipping: Understanding the options for seamless integration

E-commerce revenue in the U.S. exceeded $600 billion in 2019, up almost 15% year-over-year. More Americans are opening their laptops instead of heading to the mall, and legacy retailers are facing the pressure to adapt to the times. The coronavirus pandemic continues to amplify that pressure as 2020 drags on. 

While retail e-commerce sales still make up a relatively small fraction of total retail sales in the U.S., that number nearly tripled from just over 4% of total sales in the first quarter...

https://www.freightwaves.com/news/black-box-parcel-shipping-understanding-the-options-for-seamless-integration

How last mile has changed in the shadow of coronavirus

When the coronavirus first made its way across the U.S. this spring, consumers rushed to stock up on essentials, emptying store shelves in record time. Panic-buying has since slowed, but now shoppers — many of whom still remain in their homes most of the time — have taken to the internet to purchase everyday essentials and engage in a little pandemic-fueled retail therapy. The combination of these consumer behaviors has resulted in a swift uptick in parcel volumes. 

While some shippers were...

https://s29755.pcdn.co/news/how-last-mile-has-changed-in-the-shadow-of-coronavirus

Pandemic highlights how tech improvements propel companies forward

a pack of toilet paper on an otherwise empty store shelf

The coronavirus pandemic has pummeled the world economy, sparked record unemployment claims, stolen thousands of human lives and disrupted the way people live and work. It has also thrown the logistics industry for a loop, putting unprecedented pressure on essential goods suppliers and halting nonessential businesses in their tracks.

Now, states have loosened lockdowns, businesses have reopened and volume has come back into the market. As people try to create something akin to a new normal,...

https://s29755.pcdn.co/news/pandemic-highlights-how-tech-improvements-propel-companies-forward