PYMNTS-MonitorEdge-May-2024

last mile

FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
September 22, 2023  |  Delivery

Wall Street’s focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the...

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Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
August 23, 2023  |  eCommerce

As merchants look for ways to improve the margins of online grocery, Giant Food is backpedaling, reportedly closing three delivery fulfillment centers to find a...

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Uber Platform Cross-Selling Drives Up Q2 Expectations
Uber Platform Cross-Selling Drives Up Q2 Expectations
July 31, 2023  |  Earnings

Uber is set to report its second-quarter 2023 earnings on Tuesday (Aug. 1). Investors are eager to see how the rideshare and delivery aggregator giant is...

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New Platforms Test Legacy Carriers’ Ability to Go the Last Mile, Says AxleHire CEO
New Platforms Test Legacy Carriers’ Ability to Go the Last Mile, Says AxleHire CEO
July 03, 2023  |  Delivery

According to Raj Ramanan, who has just taken the reins as CEO of AxleHire, the last mile is the last and best chance for eCommerce...

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Flexport Completes Shopify Logistics Acquisition for Last-Mile Delivery
Flexport Completes Shopify Logistics Acquisition for Last-Mile Delivery
June 06, 2023  |  B2B Payments

Global logistics company Flexport has acquired Shopify Logistics, adding eCommerce fulfillment, B2B distribution and last-mile delivery to the company’s portfolio of services. The deal made Flexport...

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 Small Trucking Firms Can Navigate Retail’s Bumpy Road Ahead With Faster Payments 
 Small Trucking Firms Can Navigate Retail’s Bumpy Road Ahead With Faster Payments 
May 24, 2023  |  Shipping

Consumer demand is uncertain.  Retailers are pulling back on orders from their manufacturers and suppliers. The ripple effect ripples all the way through the middle...

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Cargobot CEO: Digital Eliminates the Truck Transportation Middleman
Cargobot CEO: Digital Eliminates the Truck Transportation Middleman
April 26, 2023  |  Supply Chain

Today’s modern and increasingly digital landscape is transforming even the most traditional industries. Including historically relationship-based sectors like shipping and logistics that are riddled with...

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Amazon’s Logistics Fine-Tuning Spotlights Last-Mile Focus
Amazon’s Logistics Fine-Tuning Spotlights Last-Mile Focus
September 14, 2022  |  Delivery

For Amazon, the logistics buildout is a work in progress — with incentives in the mix to keep its driver base growing into the all-important...

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Instacart Now Delivers the TV and Dinner
Instacart Now Delivers the TV and Dinner
August 24, 2022  |  Delivery

Instacart announced Wednesday (Aug. 24) the nationwide launch of a new “Big & Bulky” capability, offering same-day delivery of large items such as televisions, bookcases,...

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