ICYMI: Big 3PLs were in the news this week. Executives from Seko Logistics talked shipping news, seeing a muted peak season ahead, while Geodis added drayage in gulf and southern ports with an acquisition.

Multichannel Merchant
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week of 5/26/23
Generative AI, better known by the OpenAI version called ChatGPT in Microsoft’s Bing search engine, is suddenly everywhere all at once, shaking up whole industries and offering to optimize pretty much every single business function and solve all your problems. But what's it all about? Join our webinar on June 8 to find out.
Best Buy reported Q1 earnings that beat expectations while revenue fell a bit short, warning of continued weakness in spending on larger-ticket electronics but expecting demand to pick up this year as consumers who bought gadgets in droves at the start of the pandemic begin to upgrade.
Gently hopes to become a disrupter of urban fulfillment and major retailers with multi-billion-dollar networks, offering a same-day, nano fulfillment model using small nodes located around a city, tapping a predictive analytics engine to stock and position inventory in anticipation of demand.
Postmaster General Louis DeJoy detailed how his team is working to implement an extreme makeover of the U.S. Post Service’s distribution and delivery network, in an effort to “unwind” past mistakes that created inefficiencies and hobbled its ability to execute on its mission.

Retail Peak Outlook Appears Muted

Geodis Acquisition Adds Drayage in Southern, Gulf Ports

Reducing Ecommerce Returns During Peaks

Global Supply Chains Need Redefinition

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