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Estimates show ecommerce growth of about 10% a year. Thus, more fulfillment executives are installing goods-to-person technology. Our new special report covers the different systems, how major retailers are using them, and the decision process.
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week of 9/8/23 |
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Flexport is undergoing another reshuffle at the top, with former Amazon logistics executive Dave Clark departing, replaced at least for now by once-again CEO and founder Ryan Peterson in a shakeup pointing to a reset to the company’s core freight focus and a pullback from its aggressive growth plans. But experts wonder how Flexport will fare as freight volumes and rates fall in tandem globally.
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CaPow, an Israeli company with a continuous power supply for warehouse robots eliminating charging downtime, has struck a U.S. partnership to expand here, selling into robot makers, 3PLs and companies with fulfillment/distribution networks. CaPow delivers power continuously via a system using copper foil transmitters mounted on fixed points, paired with similar receivers on the robots.
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Better Trucks, a Chicago-based parcel delivery firm, has enlarged its footprint through opening new locations in Texas and partnering with West Coast-based GLS U.S., giving the two firms same-day to two-day coverage of 32 markets in 20 states, representing 40% of the U.S. population. The deal is similar to the joining of regional carriers OnTrac and Lasership in 2021, though on a smaller scale.
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Some major Pitney Bowes investors unhappy with its financial results are renewing calls for the company to sell off its money-losing global ecommerce business and get rid of CEO Marc Lautenbach, with one estimating a $1 billion valuation for the unit and possible interest from heavyweights like Amazon and Walmart. Short of that, another bruising proxy fight could be in the cards for next year.
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