In an effort to reduce its massive distribution and fulfillment costs, Amazon is implementing packaging automation, much as many other retailers have, while a separate program offers up to $10,000 to help set up Amazon employees willing to flip to delivery contractors.
Once again, the U.S. Postal Service reported a massive net loss ($2.1B), a mail volume decline (-3.9%) and an increase in shipping volume (+0.3%) for the second quarter of 2019. See what else the USPS reported in quarter, and what solutions are on the table.
On-demand warehousing and fulfillment firm FLEXE has raised $43 million in Series B funding, led by Activate Capital and Tiger Global Management, with participation from Madrona Venture Group and follow-on investments from Redpoint Ventures, Prologis Ventures and others. Clients include Walmart, Staples and Toms.
Same-day delivery services startup Dolly has raised $7.5 million in new capital to fund expansion and increase its operational and technical teams, raising its venture funding total to $20 million. An Amazon executive is one of the new investors. Dolly plans to expand to 15-20 new markets this year and uses independent contractors.
This may be the perfect storm: A tight labor market insufficient for growth and holiday hiring. Are your ecommerce fulfillment center operations becoming efficient quickly enough to offset these labor increases? For most companies the answer is a resounding NO. Here are three projects to help you drive more productivity.
In order for blockchain to succeed on a global scale in the transportation of goods, an open source standard will be required, according to a FedEx executive who heads up a blockchain alliance working toward that goal. The first standard of the Blockchain in Transport Alliance, on shipment location tracking, was published in March.
Postmaster General Megan Brennan told the House Oversight and Reform Committee that the USPS will run out of cash by 2024 if reforms are not enacted. Brennan also proposed saving billions by cutting back mail delivery to five days a week and increasing package delivery to seven days, which it already does for Amazon.
Third-party logistics provider Port Logistics Group has acquired Whiplash Merchandising, a provider of ecommerce fulfillment software, a year after it took a stake in the company. Whiplash brings shopping cart integration, warehouse management system (WMS) and order management system (OMS) capabilities.
No sooner had everyone mostly adjusted to the new normal of two-day delivery across the continental U.S. than Amazon raised the bar yet again, signaling a move to free one-day shipping for its 100 million-plus Prime members. Amazon will be transitioning to one-day Prime delivery throughout 2019, starting in Q2.
From fast and free shipping to offering delivery choices, ecommerce companies need to be responsive and even proactive in anticipating needs, and outside partners often have the scale and expertise to make it happen. Learn how FedEx Fulfillment helped Revtown and BAWLS overcome operational challenges and grow their business.