Zerobroker, a logistics technology firm that lets shippers eliminate fees by connecting directly with carriers without using a freight broker, has raised $6.5 million in a seed round that includes participation from Flexport, Funders Club and Streamlined Ventures, among others. It was part of the 2021 cohort of startup incubator Y Combinator.
Roadie, a crowdsourced last-mile delivery platform that is owned by UPS, is expanding availability of an app that allows same-day delivery and pickup of ecommerce orders by Roadie drivers from warehouses to local customers, which was launched a year ago by sports apparel retailer Fanatics. The app enables pre-sortation and staging of local orders in a designated area within a facility.
GXO Logistics, which calls itself the world’s largest pure-play contract logistics provider, is acquiring Irving, TX-based 3PL PFSweb for $181 million in an all-stock deal, the companies said, increasing GXO’s presence in apparel, footwear and health and beauty categories. The transaction is expected to be completed in the fourth quarter, and GXI paid a 50% premium to the Sept. 13 close.
While business success for retailers depends in large part on their supply chains, they are extremely difficult and complicated to manage. Handling shipping, distribution and other aspects of logistics on your own can easily occupy an outsized percentage of your attention. This is why many opt to hand off all or part of their fulfillment operations to a 3PL. Here’s how to find the right one for you.
At its Accelerate seller conference in Seattle, Amazon announced a raft of interconnected services Tuesday, branded as Supply Chain by Amazon. It handles everything from logistics and forwarding from point of origin all the way to the customer’s door. For the first time, Amazon offers bulk storage, distribution and replenishment across channels from the same inventory pool, including retail stores.
Danish global shipping and logistics giant A.P Moller-Maersk is jumping into ecommerce fulfillment, opening a micro fulfillment center in Dallas powered by technology from Israeli firm Fabric that will initially serve one client in health and wellness but could be expanded to a multi-tenant operation. The 38,000-square-foot facility will utilize Fabric’s automated storage and retrieval (AS/RS).
Third-party logistics (3PL) providers play a pivotal role in guiding brands through the continuing evolution of retail and ecommerce. Brands aiming to adapt and excel need 3PL partners that leverage industry expertise, data and technology. This helps them enhance efficiency, promote collaboration and drive fulfillment innovation. Here’s how innovative 3PLs are spearheading this change.
Freight brokers help mitigate risk by confirming carrier invoices. They make sure carrier insurance is covered and routes are optimized to cut down on wasted drive time, tracking shipments from pickup to final destination. They help to resolve claims for their customers. They ensure that inconveniences are in order for international shipping. So why is “freight brokers” a dirty word? It shouldn’t be.
Ecommerce demand may not be exploding like 2020 and 2021, but retailers are increasingly looking at automated solutions like goods-to-person (GTP) systems to help future-proof their operations as conditions fluctuate. Automated storage and retrieval (AS/RS) and autonomous mobile robots (AMR) are gaining serious traction, with rapid market expansion projected between now and 2030.
Amazon has been quietly growing the volume of orders going out boxless, which the company says represented 11% of items shipped in 2022, a move that some see as a sea change in reducing packaging materials that will be imitated across retail. Amazon customers can choose to add an external “smiley” box at checkout, but boxless is now the default, with more apparently opting for it.