Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery windows are shrinking. Where once we waited days or weeks to get packages delivered to the doorstep, we’re now accustomed...
Amazon has reportedly upped its investment in ultrafast delivery amid increased competition from rivals. A key part of its delivery strategy is Amazon’s network of “same-day site” warehouses, The Wall Street Journal (WSJ) reported Sunday (Feb. 26). The report notes that Amazon has opened about...
The current economy is placing unprecedented pressure on the warehouse. Be it the surging volumes of eCommerce in both the B2C and the B2B arenas, or the increasingly popular business model shift toward direct-to-consumer, supply chain strategies are in flux, and the position of the...
Robotics and artificial intelligence company Berkshire Grey has raised $263 million in Series B financing to continue providing global Fortune 100 companies with retail, eCommerce and logistics fulfillment automation. SoftBank, Khosla Ventures, New Enterprise Associates and Canaan all participated in this financing round, Berkshire Grey...
January 22, 2024
Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery windows are shrinking. Where once we waited days or weeks to get packages delivered to the doorstep, we’re now accustomed to turnaround times measured in next-day service or even hours. […]
February 26, 2023
Amazon has reportedly upped its investment in ultrafast delivery amid increased competition from rivals. A key part of its delivery strategy is Amazon’s network of “same-day site” warehouses, The Wall Street Journal (WSJ) reported Sunday (Feb. 26). The report notes that Amazon has opened about 45 of the sites in the last four years and […]
January 22, 2020
Robotics and artificial intelligence company Berkshire Grey has raised $263 million in Series B financing to continue providing global Fortune 100 companies with retail, eCommerce and logistics fulfillment automation. SoftBank,...
December 24, 2019
Chinese eCommerce company JD.com Inc.’s logistics unit is in early discussions with various banks about a potential initial public offering (IPO) that could raise $8 billion to $10 billion, according...
May 07, 2019
A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports. Flexe has found a niche that will help...