Shipium

Shipium bolsters carrier partnerships with Better Trucks deal

For the past few years, the conventional wisdom around retail shipping has been to rely either on in-house assets or on a single large carrier, like FedEx or UPS, to complete deliveries. 

But no longer. Retailers now are beginning to shift toward a multicarrier strategy. Using networks of carriers and 3PLs, sellers are able to skirt general rate increases by major providers while reserving the ability to add and remove capacity at will. 

The model has spawned an array of shipping orchestration...

https://www.freightwaves.com/news/shipium-bolsters-carrier-partnerships-with-better-trucks-deal

Supply chain software startup Shipium raises $27.5M series A

Supply chain technology startup Shipium completed a $27.5 million series A round to build out its last mile orchestration platform.

The Amazon age is presenting retailers with a Prime problem. Consumers are continually expecting faster and faster delivery speeds — but the cost of delivery isn’t getting any lower. For retailers that aren’t Amazon, that means delivering on the promise of fast delivery can often break the bank.

Enter Shipium. The Seattle-based supply chain tech startup announced a $27.5 million series A raise this week, one that the company is touting as “the largest venture-backed series A for a supply chain...

https://www.freightwaves.com/news/supply-chain-software-startup-shipium-raises-275m-series-a

LaserShip names Mike Roth, top Amazon logistics executive, interim CEO: Source

Regional parcel delivery carrier LaserShip, which is poised to acquire fellow regional carrier OnTrac for about $1.3 billion, has named Mike Roth, a longtime Amazon.com Inc. operations executive, as its interim CEO, according to a person familiar with the matter.

Barring an unforeseen event, Roth will steer the integration of the two companies, which is expected to lead to the development of the first national parcel delivery network built from regional players. Roth succeeds Brett Bissell, who...

https://www.freightwaves.com/news/lasership-names-mike-roth-top-amazon-logistics-executive-interim-ceo-source

Will regional parcel deal spark PE interest in national network?

There is a player that might be emerging on the U.S. parcel delivery landscape: private equity.

In a deal that banking sources said was consummated about two weeks ago, regional parcel delivery carrier LaserShip, which is owned by PE firm American Securities LLC, acquired fellow regional carrier OnTrac for what is believed to be $1.3 billion, a significant sum for a regional parcel company. Greenbriar Equity Group LP, another PE firm, sold LaserShip to American Securities early this year but...

https://www.freightwaves.com/news/will-regional-parcel-deal-spark-pe-interest-in-national-network

Demystifying the magic of Amazon — Point of Sale

Point of Sale header

Point of Sale is sponsored by ArcBest. ArcBest is more than logistics. Whatever you do, whatever you ship, ArcBest makes it easier for you to do business. ArcBest combines reliable capacity, innovative technology and trusted relationships to take the complexity out of your supply chain and keep your shipments moving. That’s what makes ArcBest more than logistics.

Amazon is a powerhouse. From e-commerce to logistics and everything in between, the company has held dominance for well over a decade. 

https://www.freightwaves.com/news/demystifying-the-magic-of-amazon-point-of-sale