Reverse Logistics news and trends

UPS Expands Reverse Logistics Footprint With Acquisition of Happy Returns
Retail // October 25, 2023

UPS plans to acquire Happy Returns, a software and reverse logistics company, to expand its returns footprint and enhance its digital solutions. This deal aims to address the long-standing challenges faced by both shoppers and retailers in the returns process, the companies said in a Wednesday (Oct....

Amazon Charging New Fees on Some Returns
Amazon // April 10, 2023

Amazon customers will reportedly be charged a fee for some returns to UPS Stores. The tech giant is applying the new fee in cases in which the customer returns a product to a UPS Store when they could have returned it to a Whole Foods,...

EMEA Daily: UK Renews Crypto Hub Offering
emea // June 15, 2022

In today’s top stories from Europe, the Middle East, and North Africa, the U.K. restates its wish to become a global crypto hub, while an EU official calls on Europe’s parliament to adopt new crypto trading regulations. Also, pan-African VC fund Launch Africa raises $36.3...

Reverse Logistics: Optoro Clinches $30M Series D
Investments // January 18, 2017

Two weeks into 2017 and the Investment Tracker is showing some steady motion, with total fund flows comfortably in the low triple-digit range. This past week, the tally stood at $349 million, with FinTech at almost $238 million of that. Nearly one-third of that $349...

Quick Reads
Loop Acquires Customer Experience Platform Wonderment

December 10, 2024
Returns company Loop has acquired customer experience platform Wonderment. The deal, announced Tuesday (Dec. 10) gives merchants access to real-time shipment insights, predictive carrier analytics, and streamlined returns processes — all from a single interface built by Shopify veterans with knowledge of that company’s system. “By joining forces with Wonderment, we’re taking a significant step […]

UPS Expands Reverse Logistics Footprint With Acquisition of Happy Returns

October 25, 2023
UPS plans to acquire Happy Returns, a software and reverse logistics company, to expand its returns footprint and enhance its digital solutions. This deal aims to address the long-standing challenges faced by...

Amazon Charging New Fees on Some Returns

April 10, 2023
Amazon customers will reportedly be charged a fee for some returns to UPS Stores. The tech giant is applying the new fee in cases in which the customer returns a...

Reverse Logistics: Optoro Clinches $30M Series D

January 18, 2017
Two weeks into 2017 and the Investment Tracker is showing some steady motion, with total fund flows comfortably in the low triple-digit range. This past week, the tally stood at...