Shipping
May 16, 2016 at 10:35 am
Postmaster General Megan Brennan called on Congress to enact legislation to help the Postal Service after releasing the agency's second-quarter financial report last week. She called the agency's challenges "serious but solvable." Brennan testified before the House Oversight and Government Reform Committee on Wednesday, saying the USPS has worked with stakeholders on several provisions that can…
May 13, 2016 at 11:43 am
Jet.com, the e-commerce upstart from Diapers.com founder Marc Lore, is entering a new business: groceries. The company generated a huge amount of buzz by raising hundreds of millions in funding before even opening its doors in July. Its goal is to take on Amazon.com and other e-commerce giants by selling everything from household goods to sports…
May 12, 2016 at 10:54 am
Wal-Mart sure is trying to be more like rival Amazon.com in an effort to to improve its weak sales trends. The world's largest retailer is testing a two-day shipping subscription service called ShoppingPass that mirrors Amazon's successful Prime service, according to a report in The Wall Street Journal. Members to ShoppingPass reportedly will get free, two-day…
May 6, 2016 at 9:57 am
Amazon.com will lease 20 cargo planes from Atlas Air Worldwide Holdings, a deal that will double the size of the tech and retail giant’s emerging air force and could give it a sizable stake in a second air-freight company. The move comes just a few months after Amazon struck a similar deal with Air Cargo Transport…
May 2, 2016 at 10:57 am
In its ongoing efforts to merge, FedEx and TNT Express jointly announced last Friday the unconditional approval of the Ministry of Commerce People’s Republic of China. After winning approvals in the United States (November 2015), EU (January 2016) and Brazil (February 2016), China was the last major regulatory hurdle for FedEx to gain in its…
April 21, 2016 at 9:24 am
Before the rise of e-commerce, the intricacies of a complex global supply chain were mostly hidden from the consumer. Products appeared on store shelves and in the pages of catalogs seemingly by magic; the very appearance of a mail-order package on a doorstep was considered impressive in and of itself. Not so today. With each…
April 20, 2016 at 10:47 am
In the shadow of Greenwich’s 02 Arena — the futuristic dome originally built as London’s showpiece for the Millennium — what looks like a picnic cooler on wheels zips among groups of gawking children. This little delivery robot, designed to autonomously navigate sidewalks, not roads, later this year will begin making deliveries from local businesses…
April 11, 2016 at 11:32 am
Lookout, Amazon, same-day delivery services for struggling bricks-and-mortar retailers are going from test phase to full-scale operations. Department store retailer Kohl's has recently expanded its same-day delivery service to the Atlanta, Dallas, Houston, Los Angeles, Miami, Seattle and Washington, D.C./Baltimore markets, a spokeswoman confirmed via email to TheStreet. The service is in partnership with Deliv, which…
April 4, 2016 at 9:43 am
Amazon.com plans to broaden the reach of its fast delivery service Prime Now, and is selling major brands promotional deals connected to the expansion, a sign the world’s largest Internet retailer is satisfied with early results from the nascent offering. The service — now only available through the Prime Now app on smartphones — will be…
March 30, 2016 at 10:53 am
The relationship between retailers and customers has always been about proximity: the closer, the better. However, as e-commerce and digital retail continue to transform the industry, there’s a new twist to the location equation. Instead of being about the location of the brick-and-mortar store, it’s now about the location of the customer. The challenge for…
