delivery

Transporting medical samples between hospitals and their support facilities will be the initial market play for UPS Inc (NYSE: UPS) as it expands into drone delivery services, according to plans filed with federal regulators. The company's drone unit, UPS Flight Forward, announced plans earlier...

Doordash CEO Tony XU  Doordash's newest acquisition hints at its steer away from human drivers.  Scotty Labs is a three-year-old Silicon Valley company whose core value states "autonomy and remote assistance will be the future of logistics." On August 20th, CEO Tobenna Arodiogbu announced the...

An Indian government regulator cleared the way for the investment arm of Canada's public pension fund to acquire up to 8 percent of the logistics firm Delhivery. The Competition Commission of India announced the decision in a tweet on August 20. The deal, reportedly worth about $150 million, gives...

Robotic delivery service Starship Technologies announced it has closed $40 million in Series A funding. The company, which recently passed the 100,000 commercial delivery mark, also announced that it plans to expand its service to 100 university campuses over the next two years. Starship makes...

Even without the possible purchase of an idled General Motors (NYSE: GM) plant, Workhorse Group Inc. (NASDAQ: WKHS)  has a story strong enough that one analyst is doubling his earnings estimate for the maker of electric step vans. Cowen analyst Jeffrey Osborne raised his estimate for Workhorse...

On-demand food delivery startup Deliveroo has announced that it is leaving the German market, citing difficulties in maintaining the level of customer service that it offers across several other markets that it operates in. The U.K.-based startup explained that it regrets the move and claims that...

Many consumers don't think about the processes that items go through before the items they have bought reach their doorsteps. But for logistics professionals, truckers and others involved with transporting goods, those procedures are top-of-mind concerns. Last-mile delivery is a specific priority...

Digital freight brokerage LoadSmart and self-driving startup Starsky Robotics announced on August 8 that they have successfully priced, booked and delivered two loads of freight without human intervention.  The pilot project is part of a "larger strategic partnership that paves the way for the...

Two surveys released Tuesday on the behavior of online consumers and its effect on retailers and their shipping partners seem to validate a succinct description of consumer attitudes by consultant Michael Zakkour – "Spoil me or else." The surveys, one new and one somewhat established, concluded...

When truckload and logistics giant Schneider National Inc. (NASDAQ: SNDR) acquired less-than-truckload (LTL) and truckload carrier Watkins & Shepard Trucking Inc. and final-mile and IT provider Lodeso Inc. in June 2016, it envisioned penetrating the business-to-consumer e-commerce category with...

While fellow truckload carrier J.B. Hunt (NASDAQ: JBHT) has been expanding its last-mile delivery business, Schneider National (NYSE: SNDR) is going in the opposite direction. The company announced on August 1, 2019, that it is shutting down its First to Final Mile (FTFM) operation within its...

Just Eat, the U.K.-based food delivery company, announced that it is merging with Dutch food delivery major Takeaway.com in a £9 billion deal ($11,046,960), making it one of the largest companies in the food delivery space across the world. Though news of a merger broke over the weekend, Just Eat...

Walmart Inc.'s (NYSE: WMT) delivery pilot with autonomous vehicle company Gatik highlights the retail giant's continued investment in self-driving solutions as well as growing interest in the so called "middle-mile" segment of the distribution network.  The pilot, announced on July 25, will use...

Online auctioneer eBay Inc (NASDAQ: EBAY) will launch a fulfillment service next year in the U.S. that will provide high-volume sellers with a way to warehouse, pack and ship products through a network of logistics providers it manages. The service, called Managed Delivery, will be supported by an...