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

China’s eCommerce Giant JD.com Plans IPO For Shipping Division
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
February 17, 2021  |  IPO

JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take...

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eCommerce Surge Drives UPS To Record Quarterly Revenues
eCommerce Surge Drives UPS To Record Quarterly Revenues
February 02, 2021  |  Earnings

Delivery giant UPS on Tuesday (Feb. 2) announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21 percent increase over the fourth quarter of 2019....

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Canada’s TFI To Acquire UPS Freight In $800 Million Deal
Canada’s TFI To Acquire UPS Freight In $800 Million Deal
January 25, 2021  |  Acquiring

Canadia’s TFI International (TFI) is acquiring Richmond, Virginia-headquartered UPS Freight for $800 million in a deal anticipated to close in the second quarter of 2021....

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How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges
How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges
January 13, 2021  |  Digital Onboarding

Eighty-four percent of consumers say they would abandon a merchant after just one failed delivery attempt. In The Digital Consumer Onboarding Tracker, Sunil Sharma, chief...

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Cargomatic Taps Geocoding To Avert Last-Mile Delivery Mistakes
Cargomatic Taps Geocoding To Avert Last-Mile Delivery Mistakes
January 12, 2021  |  Digital Onboarding

Merchants that wish to avoid lost sales and unhappy customers must have the most up-to-date information for the final steps of delivery. Inaccurate addresses, in...

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NEW DATA: Discounts Can Help Merchants Reduce Holiday Returns
NEW DATA: Discounts Can Help Merchants Reduce Holiday Returns
January 11, 2021  |  eCommerce

The holiday season offered a much-needed windfall for some retailers. Many merchants were struggling to stay afloat since March 2020 when the pandemic began and...

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Bargain Shopping Sites Build Up Shipping Networks As Costs, Obstacles Grow
Bargain Shopping Sites Build Up Shipping Networks As Costs, Obstacles Grow
December 21, 2020  |  Delivery

Chinese firms and other companies that hawk consumer bargains are looking to save cash on shipping. As mailing costs have risen and bottlenecks have mushroomed,...

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Target, Walmart Adjust Holiday Delivery Processes As Shipping Crisis Peaks
Target, Walmart Adjust Holiday Delivery Processes As Shipping Crisis Peaks
December 21, 2020  |  Retail

Ten million packages. Gridlocked. These are some of the numbers and terms being used to describe the state of holiday shipping as the last week...

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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results
FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results
December 18, 2020  |  Earnings

FedEx reported on Friday (Dec. 18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. domestic residential package...

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