Point Pickup Archives - Maritime Shipping News

Last-mile companies poised to shake up the market

21 February 2023

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

Point Pickup launches GigPoint rewards app

27 January 2022

Point Pickup launches a new app, GigPoint, that will help gig workers manage their finances and earn rewards

Point Pickup, the tech-enabled last-mile delivery provider, wants to bring the care economy to the gig economy. The Stamford, Connecticut-based company on Thursday launched GigPoint, a loyalty app aimed toward helping gig workers manage, enjoy and earn more from their work.

The app, which was launched as an invitation-only beta in October, will now be available to Point Pickup’s community of 450,000 gig workers, which the company refers to as flex workers. Through the platform, those workers are...

https://www.freightwaves.com/news/point-pickup-launches-gigpoint-rewards-app

Point Pickup raises $30M to grow e-commerce platform

8 October 2020

Point Pickup’s CEO, Tom Fiorita, goes to considerable lengths to distinguish the final-mile delivery company from Silicon Valley tech platforms.

“We’re an East Coast firm — I wouldn’t call us a Palo Alto type of an organization,” said Fiorita of the Connecticut-based startup.

Nor does Point Pickup “just build technology,” he said, “and hope that people follow or try to drive sales and not be able to catch up.”

What Point Pickup does do is provide a delivery platform for retailers that allows...

https://www.freightwaves.com/news/point-pickup-raises-30m-to-grow-e-commerce-platform