In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx’s revenue, margins and strategic investments. They also each represent things all businesses need...
Forget robot cashiers and drone deliveries. The real artificial intelligence (AI) revolution in retail and logistics is happening behind the scenes, and it’s all about making shopping smoother and shipping brighter. From predicting what customers want before they click “buy” to slashing paperwork at customs,...
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single click, with load details created as jobs within Denim’s portal to eliminate duplicative data entry....
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target the de minimis exception that allows imported products to enter the United States without duties...
September 19, 2024
In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx’s revenue, margins and strategic investments. They also each represent things all businesses need to watch out for. And as the company’s Thursday (Sept. […]
August 19, 2024
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not...
June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he...
May 28, 2024
Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are available, and even more tellingly,...
October 10, 2024
Mastercard is rolling out new embedded payments technology for the freight, shipping and logistics sectors. The rollout, announced Thursday (Oct. 10), is focused on the U.K. and Europe, and happening in partnership with Pairpoint, Vodafone and Sumitomo Corporation’s Economy of Things business. The new collaboration and payments service lets fleet, freight, shipping and logistics operators […]
September 16, 2024
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single...
September 13, 2024
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target...
September 10, 2024
Etsy is reportedly aiming for “tremendous” growth opportunities by deploying free shipping and other new initiatives. CEO Josh Silverman and Chief Financial Officer Rachel Glaser said at a conference that Etsy seeks to distinguish...
