Famous investor Jim Chanos, founder of Kynikos Associates, said that Grubhub, a food delivery company, makes barely anything per order and that fees will go down while employee costs rise, according to a report by CNBC. Chanos is known for short-selling stocks. “Right now, Grubhub...
Pharmacy retail giant Walgreens and Alphabet-owned drone company Wing have teamed up on a pilot program to deliver products to the doors of customers, according to a Sept. 19 release. Wing is the first drone operator to be certified by the Federal Aviation Administration as an...
An autonomous drone was used to deliver medical supplies to a remote island in Ireland, according to a report by CNBC. The delivery shows the promise of the technology, and how delivery drones can change the way rural medicine is provided worldwide. The National University...
Uber might finally turn a profit — not through its rideshare program, but due to its trucking division. The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. And since its launch...
The Seattle startup Pacific Coast Harvest, which connects local farms and home delivery, is now offering a discount program to assist low-income families, GeekWire reported Sunday (Sept. 15). The company, which launched in 2011 and has four employees, works with 250 Northwest farms to deliver...
Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. As recent news from the fulfillment world demonstrates, sometimes the Big New Thing is merely an extra floor or two in a warehouse. That’s the story...
Chowly and DoorDash are partnering to provide restaurant brands of all sizes the opportunity to grow their business through offering delivery, the companies announced in a press release on Monday (Sept. 9). Chowly, a restaurant technology company, integrates third-party delivery marketplaces with restaurants’ point-of-sale (POS)...
McDonald’s and Grubhub have announced a new partnership to begin expanding McDelivery to approximately 500 restaurants in the NYC and tri-state area. McDelivery will be available both on Grubhub and Seamless. “At McDonald’s, we’re constantly innovating to find new ways to best serve our customers...
To quote the Grateful Dead and their song “Truckin’” — an apt choice for this topic — “What a long strange trip it’s been.” While a significant number of trucking companies have gone out of business, there are trucking shortages and rising wages. The trucking...
