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News
FitzMark’s latest broker acquisition adds trade show logistics capabilities
1+ week, 4+ day ago (215+ words) Founded in 1998, Aurora, Colorado-based UTS is a full-service 3PL focused on the retail and hospitality industries. It provides dry van, refrigerated, flatbed and specialty truckload transportation as well as packaging, warehousing and white-glove delivery services. Financial terms of the transaction were…...
Private equity group rolls up 3 small firms for courier network
1+ week, 5+ day ago (381+ words) Private equity firm Trident Management appears to be an early mover in bolting together small courier businesses onto a platform that can offer shippers greater regional density and reach as an alternative to large, legacy parcel carriers. Trident-backed Priority Courier…...
Burq bets on the last-mile decision layer as giants retreat
3+ week, 5+ day ago (888+ words) The national parcel carriers that once set retail delivery economics have spent a decade shedding their least profitable packages. What filled the gap is a deeper bench: regional carriers, 3PL cross-dock networks, gig courier platforms and private fleets. As it turns…...
E-commerce facilitator ShipStation eyes major global expansion
5+ day, 7+ hour ago (563+ words) ShipStation, the largest provider of multi-carrier parcel shipping software for online merchants in North America, is planning to expand its international footprint through acquisitions and other means while also broadening freight transportation modes available on its platform, CEO Tom Madine…...
Home Depot offers nationwide express delivery from local stores
3+ week, 4+ day ago (397+ words) The Home Depot on Tuesday announced the nationwide rollout of express delivery, expanding the service by using more than 2,300 stores as local fulfillment centers for both professional contractors and do-it-yourself customers. Express delivery previously was available in some markets. The…...
Amazon drone delivery expansion targets 500 cities by year’s end
3+ week, 4+ day ago (511+ words) In April, Amazon CEO Andy Jassy said the company’s Prime Air service would be able to deliver a wide range of products by drone to 30 million people in various U.S. communities by the end of the year. That promise is…...
Walmart fast delivery helps fuel 24% growth in e-commerce sales
3+ week, 3+ day ago (502+ words) Walmart on Thursday credited continued momentum in e-commerce and fast delivery with helping to drive 5.9% revenue growth during the second quarter, highlighting speed as a feature that attracts more online sales. The retail giant’s global e-commerce sales increased 23%, year over…...
DHL acquires freight forwarder in Uruguay
1+ week, 5+ day ago (221+ words) The freight management arm of DHL Group on Monday announced the acquisition of Uruguay-based Aero Cargas S.A., giving the company its first direct operation in a country that is experiencing regional and international trade growth. The acquisition follows DHL’s 2030 growth strategy…...