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

Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
November 03, 2023  |  Shipping

Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its...

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Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
November 02, 2023  |  Startups

Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support,...

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Report: Flexport Works to Rebuild Customer Trust After Complaints
Report: Flexport Works to Rebuild Customer Trust After Complaints
November 02, 2023  |  Shipping

Flexport, a San Francisco-based shipping startup, is reportedly facing skepticism from important customers and a drop in revenue. This follows complaints about issues like canceled...

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Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
November 01, 2023  |  Acquisitions

San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...

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Free Shipping Has Its Costs for Merchants, Supply Chains and Consumers
Free Shipping Has Its Costs for Merchants, Supply Chains and Consumers
October 31, 2023  |  Shipping

Nothing’s really free in life, as the old saying goes.  And that applies to free shipping, too. PYMNTS Intelligence data as recent as Tuesday (Oct....

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AutoNation Launches eCommerce Platform for Auto Parts and Accessories
AutoNation Launches eCommerce Platform for Auto Parts and Accessories
October 31, 2023  |  eCommerce

Automotive retailer AutoNation has launched a new eCommerce website that allows customers to purchase auto parts and accessories. The new AutoNationParts.com allows customers to purchase these products conveniently and...

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Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
October 31, 2023  |  Retail

As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a...

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Return Fees Mean Lost Business for 1/3 of Companies
Return Fees Mean Lost Business for 1/3 of Companies
October 26, 2023  |  Retail

Online return fees appear to be both a blessing and a curse for retailers. While charging shoppers for sending back items has reduced returns, a report Thursday...

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Shippo and Cover Genius Launch Insurance Solution for eCommerce Merchants
Shippo and Cover Genius Launch Insurance Solution for eCommerce Merchants
October 24, 2023  |  eCommerce

Shipping platform Shippo and InsurTech Cover Genius have joined forces to introduce an insurance solution for eCommerce merchants and ensure a positive shipping experience for their customers. The...

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