Last Mile

Maersk officials said that the purchase price is $1.68 billion (USD), adding that the acquisition is subject to regulatory review and approval, which it expects to be obtained by the second quarter, with both Maersk and Pilot operating as independent businesses until the acquisition is made official.

Keeping your business successful in the last mile involves paying attention to what constitutes a triumphant last-mile experience and what differentiates the leaders from the laggards.

Late last week, one global Atlanta-based company purchased a smaller Atlanta-based one, with freight transportation and logistics titan UPS announcing it entered into an agreement to acquire Roadie, and on-the-way delivery service with the nation’s largest local same-day footprint.

While most of the focus on cold chain logistics has been primarily on pharma and medical goods during the ongoing pandemic, the food logistics industry is also under enormous pressure and scrutiny.

Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: the state of the freight economy, a look at the upcoming Peak Season, the trucking market, and M&A, among others.

Taking steps to meet increasing customer demands for faster delivery times, Miami-based freight transportation and logistics services provider Ryder System Inc. announced today it has made some moves to Ryder Last Mile, its customizable, multi-tiered delivery service offering for big-and-bulky goods, in the form of new United States-based hubs in Milwaukee and Philadelphia.

Our innovative technology gives you and your customers real-time, end-to-end visibility and tracking into the transportation and delivery of orders.

The company said that this round of funding was led by Insight Partners, with other participating investors including: Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth.

Check out the eBook: Logistics in the Last Mile, to see key areas Omnitracs can help bring agility to your fleet.

The company said that the Forward LTL facility is its first Kansas-based LTL terminal, adding that it will cross-utilize space and resources within its Wichita-based Final Mile operation, with a focus on bringing a larger service offering to the Wichita area. And it also noted that the cohabitation of Final Mile and LTL operations allows Forward to grow organically, with less investment than a traditional new market expansion.

Three of our top parcel industry sources provide updates on one of the fastest moving, most dynamic service sectors in logistics. They suggest that the time is now for shippers to explore every available option.

The barriers to entry are generally low, as we’re now seeing deliveries in private cars and leased vans. Sure, it can seem that starting a delivery service is easy, but forgetting any of the seven operational must-do list items will result in constraints on the success of the logistics entrepreneur.

Despite the scares COVID-19 has hurled on other industries, e-commerce has ensured high demand for warehousing, distribution and fulfillment.

Fast and free delivery is a race to the top. And it’s one that retailers and parcel delivery organizations must join—now.

This marks a shift from Amazon’s longstanding tradition of leasing aircraft from Air Transport Services Group (ATSG), to operate its air cargo network to serve United States-based customers, and Atlas Air Worldwide Holdings, whom provides air cargo services to support Amazon’s package deliveries to its customers.