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Promise Fulfilled: UPS Buys Into Same-Day Delivery With Roadie
Friday, September 10, 2021 - 10:16am | 873UPS is jumping into the same-day delivery game, announcing Friday that it is acquiring Roadie. Terms were not disclosed. The transaction is expected to close in the fourth quarter of 2021. "Roadie's leading technology, combined with UPS' portfolio, will open doors for new growth opportunities,"...
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Echo Global Being Acquired By Private Equity Firm Jordan Co.
Friday, September 10, 2021 - 9:38am | 499It looks like Wall Street was undervaluing Echo Global Logistics. In a deal announced Friday morning, the private equity firm Jordan Co., which has 3PL experience in an earlier ownership of GlobalTranz, said it was acquiring Echo for $48.25 per share. That is a roughly 54% premium over the...
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E-Commerce Influence In Health Care — Medically Necessary
Friday, September 10, 2021 - 8:44am | 227E-commerce has made retail shopping as easy as clicking a button, and telehealth has already brought some of those conveniences to health care. Now, companies are trying to figure out how to use the tools of e-commerce to improve the health care supply chain. How can health care suppliers still...
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The First Step Is The Hardest — Cyberly
Friday, September 10, 2021 - 8:21am | 424Blythe Brumleve returns to her home studio after a month on the road for this new episode of Cyberly. Today's hot topic: getting started on your next endeavour. Brumleve talks about how the most challenging thing when pursuing something new is often just taking the plunge and doing it, whether...
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Southwest Coalition Seeks To Connect Supply Chains 'Growing Chaotically'
Thursday, September 9, 2021 - 1:58pm | 596Supply chain stakeholders are forming a coalition in the southwestern U.S. that seeks to stage certain logistics activities in Nevada, Utah and Arizona and away from the densely populated metropolitan and port areas in California. The Nevada Governor's Office of Economic Development (GOED) and...
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Retailers' Inventories Suggest Restocking Long Way From Finished
Thursday, September 9, 2021 - 1:55pm | 2466Inventory levels increased for the nation's largest retailers during the fiscal second quarter that ended July 31. However, when looking at merchandise positions relative to sales, many big-box chains are operating at a significant supply deficit compared to two years ago. Elevated consumer demand...
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Canada Cartage Acquires Cross-Border Carrier Rapid Delivery
Thursday, September 9, 2021 - 12:42pm | 419Canada Cartage has acquired Rapid Delivery, a Canadian trucking company specializing in dedicated domestic and cross-border dedicated freight services. The deal, announced Thursday, adds around 20 power units and two Ontario terminals — in London and Windsor. It marks the fourth acquisition in...
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Convoy Survey Spotlights Need For All-In Approach To Sustainability
Thursday, September 9, 2021 - 10:58am | 635Anyone keeping an ear to the ground in trucking knows that working toward net-zero carbon emissions has been decades in the making — and extends beyond the obvious elimination of diesel smokestacks. Increased emissions regulations have led to mileage improvements, while fleets with generous budgets...
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Alibaba Unit Rolls Out Shipping Tools For US Small Businesses
Thursday, September 9, 2021 - 10:37am | 527Alibaba.com, the business-to-business platform of the Chinese e-commerce giant Alibaba Group Holding (NASDAQ: BABA), said Thursday it has added dropshipping and other transport and logistics services for its U.S.-based small to midsize customers that increasingly rely on digital tools to grow their...
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MacGregor Partners Provides 'Glide Path' To Contactless eBOL Industry Adoption
Thursday, September 9, 2021 - 10:23am | 1212The pandemic accelerated the need for digital transformation across the supply chain. Perhaps no more so than in transportation, trucking, and its intersection with facilities — the interaction between drivers, facility staff, and the ubiquitous paper that accompanies this interplay. Overnight,...
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Home Delivery World Panelists: Innovate, Fail Fast And Listen
Thursday, September 9, 2021 - 10:18am | 769For e-commerce customers, there is nothing more frustrating than a poor delivery experience. "My most frustrating experience is when I get a notification that my package has arrived and I go outside and look and it's not there, and I look around … and then a couple of hours later it arrives,"...
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Hours-Of-Service Relief Part Of Response To Historic Minnesota Drought
Thursday, September 9, 2021 - 10:12am | 1401Minnesota farmers have been slapped in the face by Mother Nature this year. A major drought has dried up hay crops, leaving many farmers and cattle ranchers in the dust and prompting a multipronged government response that relies in part on relaxing hours-of-service regulations on truck drivers...
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US, China, Europe Grapple With Container Shipping Bottlenecks
Wednesday, September 8, 2021 - 4:54pm | 769The world's largest regulatory agencies overseeing international container trades met remotely to discuss rampant supply chain disruptions as carriers and their customers brace for more turmoil during the fall peak shipping season. The fifth biennial meeting of the Global Regulatory Summit, hosted...
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Keeping Trucks Loaded Is The First Step Toward A Sustainable Supply Chain
Wednesday, September 8, 2021 - 4:16pm | 631Visibility and transparency come up time and time again in the transportation industry. Often, these topics are tied into conversations about increasing efficiency and bottom lines. While a more efficient supply chain undoubtedly leads to higher profits, increased earnings are not the only...
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Intermodal Logistics Outfit RoadOne Acquires Rose Transportation
Wednesday, September 8, 2021 - 12:54pm | 551Intermodal logistics provider RoadOne announced Wednesday it has acquired intermodal transportation provider Rose Transportation. Headquartered near Pittsburgh, Rose Transportation serves rail and port facilities in the East and as far west as Chicago with a staff of more than 200 drivers. The...