PYMNTS-MonitorEdge-May-2024

Shipping

Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air as well.

Source: en.wikipedia.org

Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
December 22, 2022  |  Retail

Africa’s online stores are attracting customers with affordable, made-in-Africa furniture design. For example, Nigerian retailer Taeillo has expanded from a Nigeria-focused business-to-business (B2B) furniture manufacturer...

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Logistics Companies Prioritize Automated Accounts Payables to Improve Supplier Relationships
Logistics Companies Prioritize Automated Accounts Payables to Improve Supplier Relationships
December 14, 2022  |  Accounts Payable

A new study shows that nearly half of transportation and logistics companies plan on innovating their AP platforms within three years. Transportation, shipping and logistics...

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SMB Insurance Platform LuckyTruck to Launch Credit Card for Trucking
SMB Insurance Platform LuckyTruck to Launch Credit Card for Trucking
December 07, 2022  |  Spend Management

LuckyTruck is launching a credit card built for small trucking companies and their fleet managers.  This will be the first credit card offered by the...

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AI Captures Public Imagination While Driving Business Automation
AI Captures Public Imagination While Driving Business Automation
December 07, 2022  |  artificial intelligence

As loosely defined as artificial intelligence may be, the technology’s impact may be even bigger. The gray area surrounding what, exactly, AI is or could...

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Transportation Firms to Prioritize Payments Speed and Visibility in 2023
Transportation Firms to Prioritize Payments Speed and Visibility in 2023
December 07, 2022  |  Accounts Payable

Seventy-one percent of transportation and logistics companies process an average of at least 1,000 payables each month. These high volumes put these companies under enormous pressure....

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ShipEngine and GoDaddy Partner to Streamline Shipping for Merchants
ShipEngine and GoDaddy Partner to Streamline Shipping for Merchants
November 30, 2022  |  Partnerships

ShipEngine has partnered with GoDaddy to streamline shipping for merchants that have GoDaddy online stores. With ShipEngine’s shipping application programming interface (API), U.S.-based small- to...

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Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
November 17, 2022  |  Earnings

Achieving profitability is a recurring theme at pan-African eCommerce giant Jumia, so much so that the goal has been reiterated on numerous occasions by the...

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Supply Chain Platform project44 Raises $80M and Delays Potential IPO
Supply Chain Platform project44 Raises $80M and Delays Potential IPO
November 03, 2022  |  B2B Payments

Supply chain visibility platform project44 has raised $80 million in a funding round and said it would use the new capital to work toward several...

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Maersk Looks to Expand B2B Logistics Business
Maersk Looks to Expand B2B Logistics Business
November 02, 2022  |  Shipping

One of the world’s largest container shipping companies reportedly expects to be making more money from logistics than from shipping by the middle of the...

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