logistics

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet requirements of customers or corporations.

(source: en.wikipedia.org)

Pandion Raises $41.5 Million to Expand Residential Parcel Delivery Network
Pandion Raises $41.5 Million to Expand Residential Parcel Delivery Network
March 21, 2024  |  Investments

Pandion has raised $41.5 million in a Series B funding round to expand its residential parcel delivery network designed for eCommerce. The company will use...

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Accenture Acquires Flo to Speed Digital Supply Chain Transformation
Accenture Acquires Flo to Speed Digital Supply Chain Transformation
March 19, 2024  |  Acquisitions

Professional services firm Accenture has acquired supply chain logistics specialist Flo. The deal, announced Tuesday (March 19), will move Flo’s 280 employees to the Accenture Oracle Business Group,...

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FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
March 18, 2024  |  eCommerce

FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks...

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Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
March 15, 2024  |  eCommerce

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6...

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Walmart Aims to Sell AI Truck Routing Tools to Other Companies
Walmart Aims to Sell AI Truck Routing Tools to Other Companies
March 14, 2024  |  artificial intelligence

Walmart hopes to sell its AI-powered truck routing software to other companies. Walmart has been using its Route Optimization tool — which uses artificial intelligence (AI) to plot...

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Walmart and Amazon’s Retail Tug-of-War Now Focused on AI
Walmart and Amazon’s Retail Tug-of-War Now Focused on AI
March 01, 2024  |  Retail

This week, Amazon increased its investments in artificial intelligence, as the eCommerce giant and rival Walmart adopt new technologies to remain competitive. Amazon’s $1 billion Industrial Innovation Fund is ramping up investments in...

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PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
February 29, 2024  |  Partnerships

PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect...

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Nivoda Wants to Be the ‘Amazon’ of the Global Jewelry Market
Nivoda Wants to Be the ‘Amazon’ of the Global Jewelry Market
February 22, 2024  |  B2B Payments

In a market as highly fragmented as the global jewelry industry, sourcing precious stones can be an extremely difficult undertaking for retail buyers. Jewelers typically...

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Flexport Launches Platform Connecting Global Shippers and Small Carriers
Flexport Launches Platform Connecting Global Shippers and Small Carriers
February 22, 2024  |  Shipping

Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy...

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