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News ARCHIVE

FedEx Rebrands Bongo International as FedEx CrossBorder  Mar 23, 2016 4:55 PM By Tim Parry

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., has announced the re-launch of Bongo International as FedEx CrossBorder. The announcement highlights the FedEx investment in expanding its international ecommerce offerings.

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey  Mar 23, 2016 2:04 PM By MCM Staff

The acquisition of DealDey represents an expansion of Ringier Africa’s portfolio beyond publishing and digital marketing in Nigeria and Silvertree’s first ecommerce investment in the country.

American Apparel Goes Same-Day Delivery with Postmates  Mar 22, 2016 12:02 PM By Mike O'Brien

American Apparel has begun offering one-hour delivery through a partnership with Postmates, leveraging RFID technology to provide real-time inventory availability via the Postmates Order app. The program is in place at 79 stores in 31 U.S. markets, making 50 “on-demand basics” items like hoodies, t-shirts and socks available to consumers who desire the items right now.

Week In Review: Bubble Wrap Becomes Unbreakable  Mar 18, 2016 9:41 AM By MCM Staff

Pop… Pop… Pop Pop… Pop…
Well, that’s a series of sounds we may not hear anymore, shortly after a co-worker or a family member opens a package. That’s because Sealed Air’s “unpoppable” Bubble Wrap protective packaging solution is now commercially available worldwide.
Read on and find out what this means for Bubble Wrap aficionados and your packaging, and what else was big news this week.

FedEx Says Amazon Business Not a Concern  Mar 18, 2016 9:28 AM By Mike O'Brien

FedEx told analysts on a third quarter call that Amazon was simply addressing capacity issues with its own assets a la other major retailers, so they weren’t worried about the business. For the quarter, FedEx’s net income fell 19% to $507 million, while Ground revenue was up 30% to $4.41 billion. However higher costs due in part to network expansion and peak season demand caused the segment’s operating income to drop from $559 million to $557 million.

Amazon Said to be Eyeing Office Depot Assets  Mar 17, 2016 9:46 AM By MCM Staff

Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.

Vantiv and Credorax Partner to Expand Card-Not-Present Payments Acceptance  Mar 15, 2016 10:06 PM By MCM Staff

Vantiv and Cerdorax announced a partnership that bolsters the capabilities of Vantiv’s merchants to serve global consumers via card-not-present channels. Read why this relationship will allow Vantiv merchants to process and settle card payments in the local currencies of 34 countries.

Week in Review: Amazon As Expected Buys Into Air Freight  Mar 10, 2016 3:14 PM By MCM Staff

Ending months of speculation, Amazon says it has leased 20 Boeing 767 cargo jets from Air Transport Services Group Inc., while taking a 20% stake in the Ohio company. This gives Amazon a significant boost in its air freight capacity, as much as 15%, and signals to the major carriers it is eager to control more of its logistics destiny.

Amazon As Expected Moves Into Air Freight Leasing, Investment  Mar 10, 2016 3:07 PM By Mike O'Brien

Surprising no one, Amazon ended months of speculation by announcing it was leasing 20 Boeing 767 cargo jets from Air Transport Services Group Inc., while at the same time taking a 20% stake in the Wilmington, OH-based company. See what others are saying about this move.

Linio Selects Payoneer to Disburse Cross-Border Payments  Mar 08, 2016 11:51 AM By MCM Staff

Linio, Latin America’s largest ecommerce store, has selected Payoneer Inc. to power its payments to sellers worldwide. The partnership will provide international sellers access to the estimated $88 billion Latin-American ecommerce market through Linio’s 8 localized platforms, by allowing them to receive their funds using Payoneer’s payment solutions.






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