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

Onfleet raises $23M to grow last-mile software platform

Onfleet building entrance

Once a cost base for businesses, last-mile delivery has gradually transformed from an afterthought into a nearly $200 billion industry. Investors, unsurprisingly, are taking notice.

Bay Area-based Onfleet is the latest last-mile company to pick up a lucrative funding round, raising $23 million in a Series B led by Kayne Partners with participation from existing investor Savant Growth. Onfleet will use the funding to expand its team and enhance its software platform with new technology and...

https://www.freightwaves.com/news/onfleet-raises-23m-to-grow-last-mile-software-platform

No holiday for delivery firms as fuel prices remain elevated

Fuel prices hurting delivery firms

As fuel prices have surged in the U.S., last-mile delivery companies have been put in a precarious position. Some have tried to implement surcharges to cover the added costs, while others already had surcharges in place for this scenario. But with fuel prices doubling in some areas in less than two weeks’ time, even surcharges will take time to recoup some of that increase.

In the last week, Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) have announced surcharges, and DoorDash (NYSE: DASH) has...

https://www.freightwaves.com/news/no-holiday-for-delivery-firms-as-fuel-prices-remain-elevated

Onfleet software helps facilitate over 100M deliveries

Less than six full years after its launch, last-mile delivery management software company Onfleet has facilitated its 100 millionth delivery and said it has doubled its revenue for the sixth consecutive year.

Onfleet offers a routing and dispatch platform with real-time communications and proactive delivery management in 90 countries. The software connects businesses, dispatchers, drivers and end customers in real time.

Clients include Kroger, Sweetgreen, Drizly and Imperfect Foods among others.

“D...

https://www.freightwaves.com/news/onfleet-software-helps-facilitate-over-100m-deliveries

Ware2Go offers free carbon offset program to merchants

UPS unit Ware2Go offers carbon neutral shipping

Ware2Go, the UPS (NYSE: UPS) company that focuses on enabling merchants of all sizes to achieve one- to two-day shipping, announced a carbon emissions offset program for all customers shipping small parcel, less-than-truckload, truckload and air shipments within its network. All Ware2Go merchants are automatically enrolled in the program, which is retroactive to offset all shipments made since January, and is free to participate in.

“At Ware2Go, our goal is to build merchant relationships based...

https://s29755.pcdn.co/news/ware2go-offers-free-carbon-offset-program-to-merchants

Onfleet to partner with customers on carbon emissions offset program

Onfleet is offering its customers the chance to purchase carbon offsets through a program announced on Earth Day as it seeks to offset more than 100,000 tons of carbon dioxide (CO2) emissions by the end of 2022. The program, Onfleet Offset, is being run with help from carbon credit management company Pachama and will officially start on May 1.

The global provider of last-mile delivery management software said the program will calculate the CO2 emissions of a customer’s delivery operations and,...

https://www.freightwaves.com/news/onfleet-to-partner-with-customers-on-carbon-emissions-offset-program

Cannabis logistics is smokin’ hot

The stories behind how April 20 became known as “weed day” around the world are as varied as the cannabis products now available. According to Time magazine, the most credible story is that a group of teenagers in 1971 used to meet at 4:20 p.m. after school to smoke pot – 420 became their code word for the meetup.

Today, smoking in a lot behind the school is not necessary in many states, with 16 states and Washington, D.C., making marijuana legal for adults over the age of 21. A total of 36...

https://s29755.pcdn.co/news/cannabis-logistics-is-smokin-hot

Onfleet, Bond combine to offer sellers full suite of e-commerce services

Sellers using third-party e-commerce platforms face logistical issues in moving their goods, but more companies are joining forces to ensure the process of ordering, shipping and returns is as smooth as possible.

The latest is a partnership between on-demand delivery company Onfleet and “post-purchase” provider Bond. The agreement will combine Onfleet’s last-mile delivery management software with Bond’s software, which integrates with most major e-commerce platforms, to offer customers an...

https://s29755.pcdn.co/news/onfleet-bond-combine-to-offer-sellers-full-suite-of-e-commerce-services

Black and Mobile carving out delivery niche for Black-owned restaurants

Black-owned food delivery business caters to black-owned restaurants

On Nov. 9, 2016 – the day after President Donald Trump’s election as president – a college student at Shippensburg University decided to make a difference. He just didn’t know how, but he was convinced it was not sitting in business classes at the university.

So the sophomore dropped out and started looking for his calling.

David Cabello told Modern Shipper that he and his twin brother, Aaron, started working at a bookstore. “I was 22 and had no money; I had to find work.”

A janitor at that...

https://www.freightwaves.com/news/black-and-mobile-carving-out-delivery-niche-for-black-owned-restaurants

Career Tracks: Onfleet, Perishable Shipping Solutions make C-suite hires

Onfleet, a provider of last-mile delivery software, has hired Scott Cross as chief financial officer.

Cross is the San Francisco company’s first nonfounder C-suite hire.

Cross has nearly 30 years of financial services experience and began his career at PricewaterhouseCoopers. Onfleet said he has a proven track record of successfully building, managing and leading finance, HR and administrative teams for startups and established companies in a variety of industries. Cross has hands-on IPO...

https://s29755.pcdn.co/news/career-tracks-onfleet-perishable-shipping-solutions-make-c-suite-hires

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon