Flexe Raises $70 Million to Continue Expansion

| Mike O'Brien

Flexe, pioneer of he concept of warehouse on demand, has raised $70 million to build out its technology platform and facilities network connecting shippers with available space while also providing WMS and OMS capabilities. The company has increased its facilities base 50% to 1,500 in the past year as ecommerce demand has exploded.

Amazon, Best Buy Tout Expanded Pickup Options

| Mike O'Brien

Amazon and Best Buy are both touting their expanded network of alternate pickup locations to deal with the holiday crush ahead of Black Friday, giving shoppers more options for getting their stuff fast. Amazon said it has Hub locations in more than 900 cities and towns, while Best Buy’s network is over 16,000.

O+F Advisor 11/25/20

| David Hurwitz

week of 11/25/20 Amazon Restricts FedEx for Seller Fulfilled Prime A decline in delivery performance in certain lanes has led Amazon to restrict use of FedEx Ground and Home Delivery … Continue Reading →