The U.S. Postal Service is calling for rate increases of up to 6.3% for its parcel shipping products in 2020, which are being reviewed by the Postal Regulatory Commission (PRC). The USPS is hoping increased rates will partially offset volume declines as UPS, FedEx and Amazon are all diverting volume to their own networks to save costs.
Rent the Runway is back up and running after a supply chain and inventory issue occurred the first week of October. The subscription company is once again accepting new subscribers a week ahead of the date it had originally planned. Here is a statement from Rent the Runway about how it handled everything.
Deliverr, a startup that helps merchants fulfill two-day and same-day orders on platforms like Amazon, eBay and Shopify, has raised $23 million in new funding, bringing its total to $30 million as it looks to hire new staff and expand its network of third-party logistics partners.
The UPU on Wednesday approved a compromise plan that will let countries set their own inbound postal rates, avoiding a threatened pullout by the U.S. that would have caused shipping chaos ahead of the peak holiday season. The U.S. can begin imposing self-declared rates next July, with others following in 2021.
At the first day of the Universal Postal Union’s extraordinary congress in Geneva Tuesday, the body voted 78-57 with 9 abstentions against a U.S. proposal to allow creation of self-declared postal rates, an effort to end the current inequitable terminal dues system, the Associated Press reported.
There’s a little bit of everything on tap at Ecommerce Operations Summit 2020, to be held April 14-16 in wonderful Orlando, FL. From keynotes by executives at Neiman Marcus and REI to new e-grocery and robotics tracks, preconference workshops and lots of great networking, it’s a not-to-be-missed event for industry pros.
Amazon CEO Jeff Bezos said the company plans to purchase 100,000 electric-powered vans from Detroit startup Rivian Automotive, as it seeks to accomplish two goals in one stroke: Decreasing its carbon footprint and increasing its delivery capabilities.
FedEx announced its annual general rate increase (GRI) for 2020. Effective Jan. 6, FedEx Express, FedEx Ground and FedEx Home Delivery will increase an average of 4.9%, while FedEx Freight will increase rates by an average of 5.9%. How will this affect individual shippers? Here’s a breakdown of the areas likely to have the greatest impact.
Subscription box ecommerce has grown more than 100% a year for the past five years, according to McKinsey & Company. If you have a subscription box offering, you need to evaluate your business and make sure you’re prepared for growth. Three key areas to consider: Personalization, transportation management and technology.
Small merchants can transform their shipping and mailing operations into an asset rather than a nuisance and cost center. A focus on quick wins that add up over time can fatten your profit margins while delivering increasingly better customer experiences. Learn how refining your strategy can lead to business improvement.