Since U.S. online merchants take the leading role in selling internationally, DHL eCommerce will make substantial investments in the United States in the next years and expand its capabilities to serve businesses selling abroad significantly. Here’s a look at DHL’s $137 million cross-border plan.
Nordstrom has invested an undisclosed sum in drop shipping firm Dsco, formerly Dropship Commerce, in order to grow its ecommerce business. See how this will enable Nordstrom to reduce its inventory levels and shift holding costs to its suppliers.
Forever 21 may need to start looking for a new shipping company, as its current shipping company EZ Worldwide Express has abandoned them. Read what caused the company to abandon Forever 21 and what plans the brand has in place.
Stamps.com announced plans to acquire ShippingEasy, an Austin, TX-based provider of multi-carrier shipping software, for $55 million. This is in addition to its acquisition of Endicia, ShipStation and ShipWorks over the past couple of years.
ShipperHQ has partnered with International Logistics Solutions (ILS) to make international shipping simpler and more cost-effective for small to medium sized merchants.
With the spring season underway, you are likely already executing on your 2016 ecommerce initiatives. For most retailers, the goal is to be ready by back-to-school season so you can test your advancements prior to the holiday season. So spring is perfect timing to assess holiday peak prep and readiness.
The U.S. Postal Service reported operating revenue of $17.7 billion in Q2, up $788 million or 4.7% from 2015. The increase was primarily due to an 11.4% gain in shipping and package volume and pricing changes. While the USPS keeps posting double-digit parcel gains, it continues to drown in pension-driven red ink, with a $2 billion quarterly net loss, up from $1.5 billion a year ago.
Even the most efficient multichannel merchant often struggles with managing excess inventory. Common practices such as discounting or liquidation devalue products and undermine sales. And ecommerce makes it easier for shoppers to find cut-rate products. Here are 8 steps to help you avoid the biggest inventory management mistakes and come out on top.
A final hurdle to FedEx’s proposed $4.8 billion acquisition of Dutch carrier TNT Express NV has been cleared via an unconditional approval from the Chinese Ministry of Commerce. The deal has already been blessed by authorities in the EU and Brazil, after an initial challenge last fall by the former. The deal will bring FedEx close to parity with UPS in Europe, or possibly launch it into second place behind EU market leader DHL.
There is a real need for retailers to find shipping solutions that can help evolve them and manage costs as they deploy new stores and warehouses. Here are three strategies that retailers can take to better manage their complexities.