Peloton Archives - Maritime Shipping News

Shoppers beware

17 May 2023

The latest news for every retail supply chain nerd

Attention shoppers and all you retail supply chain nerds. Welcome to Point of Sale: The Newsletter! Here you’ll find all the latest industry deals, tech developments and everything in between regarding shoppers’ interests. I’m Sydney Edwards, the voice in your head and the writer before you. Happy to be here!

At the market

(Photo: Jim Allen/FreightWaves)

Oof, Peloton

It seems like it’s one thing after another with Peloton. The company is currently...

https://www.freightwaves.com/news/strongshoppers-bewarestrong

Sometimes we all need a relaunch

17 May 2023

The latest news for every retail supply chain nerd

At the market

(Photo: Jim Allen/FreightWaves)

Peloton’s relaunch

When I think of Peloton, I think of the boujee bike business, but the company...

https://www.freightwaves.com/news/sometimes-we-all-need-a-relaunch

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

13 August 2022

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

The logistical cost of Peloton’s recall

8 May 2021

This is an excerpt from Friday’s (5/7) Point of Sale retail supply chain newsletter sponsored by ArcBest.

What happened? More than two weeks after declining the Consumer Product Safety Commission’s request to recall its treadmills, Peloton announced Wednesday the company is voluntarily recalling all its Tread and Tread+ units in the U.S. The announcement marked a major reversal of Peloton’s initial reaction and comes after more than 38 reports of injuries involving Tread+ machines, including one...

https://s29755.pcdn.co/news/the-logistical-cost-of-pelotons-recall

Major Retailers Struggle With Surging Transportation And Tariff Costs

26 February 2021

As Home Depot heads into its busy spring project season – when shoppers build backyard decks and buy patio furniture – it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars, reports Reuters.

The pressure

Across the United States, major retailers and makers of everything from Peloton spin bikes and La-Z-Boy recliners to Kia Sorrento SUVs are battling the same profit-squeezing pressures. They pass those costs...

https://mfame.guru/major-retailers-struggle-with-surging-transportation-and-tariff-costs/

Shippers take to the sky as ocean congestion grows

14 February 2021

Chart of the Week: Inbound Ocean TEU Index – USA, Transportation Air Cargo Index – Hong Kong to North America SONAR : IOTI.USA, AIRUSD.HKGNOA

Supply chains have fractured under the weight of recent import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. Judging from FreightWaves’ new Inbound Ocean TEU Volume Index (IOTI) and the recent Transportation Air Cargo Index (AIRUSD), that is not the only company choosing...

https://s29755.pcdn.co/news/shippers-take-to-the-sky-as-ocean-congestion-grows

The Daily Dash: Freight rates jump; Amazon to aid trucking startups

9 February 2021

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, as 2020 drew to a close, freight rates boomed, jumping 12% in the fourth quarter according to new data. Plus, Amazon wants to help truckers build their own business as part of a plan to add capacity, and Knight-Swift makes an interesting acquisition.

End-of-year rate increases

Shippers spent 12% more per mile for dry van truckloads on average through most of the fourth quarter of 2020 than they did...

https://www.freightwaves.com/news/the-daily-dash-freight-rates-jump-amazon-to-aid-trucking-startups

COVID broke Peloton’s supply chain – can $100M fix it?

6 February 2021

For some companies, the COVID-19 pandemic has proven a bonanza for sales and revenue. That was true for Peloton (NASDAQ: PTON), which on Thursday announced a 128% quarter-over-quarter sales growth for its fiscal Q2 2020 and earnings per share of 18 cents versus an expected 9 cents. Revenue surpassed $1 billion, reaching $1.06 billion versus $466.3 million a year before.

But port congestion and skyrocketing sales overwhelmed the company’s supply chain. Despite the record earnings results,...

https://www.freightwaves.com/news/covid-broke-pelotons-supply-chain-can-100m-fix-it

The Daily Dash: Buttigieg supports raising fuel taxes; a truck driver’s life-or-death decision

23 January 2021

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the debate over infrastructure investment is sure to heat up as President Joe Biden’s Transportation Secretary nominee, Pete Buttigieg, has said raising fuel taxes is an option. Plus, a truck driver was forced to make a life-or-death decision, and a January freight lull may have finally arrived.

Paying for infrastructure

U.S. Department of Transportation Secretary nominee Pete Buttigieg acknowledged...

https://www.freightwaves.com/news/the-daily-dash-buttigieg-supports-raising-fuel-taxes-a-truck-drivers-life-or-death-decision

Peloton: The poster child for Containergeddon

21 January 2021

This is an excerpt from Thursday’s Point of Sale retail supply chain newsletter.

In early November, mounting delays for Peloton exercise equipment led me to title the second Point of Sale edition ‘Can Peloton avoid disaster this season?’. At that time, there were rumblings from restless customers and estimated shipping times of four to six weeks, more than double PTON’s “normal” (pre-COVID) window of two weeks. Now, it’s no longer rumblings but rampage and not four weeks, but 10. The answer to...

https://www.freightwaves.com/news/peloton-the-poster-child-for-containergeddon

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