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Electric Last Mile Systems' First-Day Stock Spike Doesn't Last Long
Monday, June 28, 2021 - 1:10pm | 1155Read More...Shares of Electric Last Mile Systems (NASDAQ: ELMS) jumped as much as 10% in early morning trading on Monday after the electric vehicle maker made its public trading debut following its merger with special purpose acquisition company (SPAC) Forum Merger III Corp. Despite the early jump, though,...
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AxleHire Brings Its Last-Mile Delivery Service To Chicago Area
Monday, June 28, 2021 - 11:16am | 1217Read More...Fresh off a $20 million Series B funding round, last-mile delivery firm AxleHire has announced its expansion to the Chicagoland area. The expansion represents AxleHire's 10th sortation center. In addition to Chicago, AxleHire currently operates and has sortation centers in Dallas, Houston, Los...
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Legacy Systems, Lack Of Visibility Hampering Last-Mile Delivery Providers
Wednesday, May 12, 2021 - 11:19am | 1021Read More...The last-mile innovation continues, and retailers are jumping on the bandwagon in a big way. According to a new report from last-mile logistics provider Bringg, 64% of respondents said they are planning new premium services and service plans to increase business. "This past year has forced...
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Atlas Logistics Acquires Last-Mile Delivery Company TopHAT
Monday, February 24, 2020 - 4:56pm | 564Read More...The "booming" final-mile segment continues to experience significant mergers and acquisitions as many transportation providers look to complement their service offerings with in-home delivery. Transportation provider Atlas World Group announced that its subsidiary, Atlas Logistics, has acquired...
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Capacity Needs Of Long-Haul Trucking And Last Mile Are Diverging Faster Than Ever
Monday, February 17, 2020 - 10:15am | 722Read More...The U.S. trucking industry is massive, sustaining millions of stakeholders in a market that is worth close to a trillion dollars annually. Its sheer scale brings in volatility to capacity and volumes available to haul, determined by macroeconomic factors that dictate supply-and-demand equations...
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CES 2020: Last-Mile Delivery Photo Gallery
Friday, January 10, 2020 - 3:19pm | 821Read More...Explosive growth in e-commerce has spawned a new generation of transportation options designed expressly for navigating and delivering packages in dense city neighborhoods. With few exceptions, the latest offerings hew to the connected, autonomous, shared and electric vision that startups and OEMs...
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The Promise Of On-The-Go Last-Mile Delivery Models
Tuesday, January 7, 2020 - 1:36pm | 785Read More...Within supply chains at large, the last-mile delivery segment has witnessed significant disruption in recent years. E-commerce incumbents and startups mushrooming in the space are on the constant lookout to customize delivery channels and optimize existing networks in an attempt to scale up...
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Today's Pickup: Panasonic Joins Tropos Motors For Connected Last-Mile Solution
Tuesday, January 7, 2020 - 12:33pm | 821Read More...Good day, Industry giant Panasonic has teamed with Tropos Motors on new concept electric vehicles designed for local and last-mile applications. The two compact utility vehicles will be equipped with Panasonic's proprietary software and cloud services platform OneConnect. The emergency services...
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Metro Supply Chain Acquires Last-Mile Provider Custom Delivery Solutions
Friday, October 4, 2019 - 10:42am | 335Read More...Canadian third-party-logistics provider, Metro Supply Chain Group, has acquired Custom Delivery Solutions, which specializes in deliveries of large format goods. Ontario-based Metro announced the deal on October 3, without disclosing a price. Custom Delivery Solutions, based in Calgary, is an...
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Ecommerce Causes Last-Mile Networks To Creep Closer To Consumers
Wednesday, July 3, 2019 - 12:33pm | 871Read More...As consumers become increasingly accustomed to the ease of purchasing online, the growth of ecommerce over the next decade is nothing short of certainty. Then again, the mainstream adoption of ecommerce was gradual, tracing back to the times of the dot com rage, when Amazon was nothing more than...











