The logistics industry is in a state of perpetual evolution, navigating through an array of challenges and continually adopting innovative approaches.. Whether it’s advancements in technology, changes in global trade policies, or updates in shipping and transportation methods, there’s always something new happening. Our blog is dedicated to keeping you informed and ahead of the curve, simplifying complex subjects into digestible insights. Join us as we discuss logistics news and bring you insights and trends that shape the way goods move around the globe.
ShipBob rolls out Amazon Shipping as a delivery option
In their Winter 2024 release, ShipBob announced they are now offering Amazon Shipping as a new delivery option for eligible U.S. orders. Amazon Shipping is a ground shipping service provided to Amazon.com sellers for orders made outside of the e-commerce giant’s platform. Analysts suggest that this service could serve as a cost-effective alternative for smaller shippers seeking options beyond FedEx and UPS.
Walmart trims store-to-home delivery costs by 20%
EVP and CFO John David Rainey revealed that Walmart (NYSE: WMT) has lowered the cost of making last-mile deliveries from its stores to customers’ homes by about 20% over the past year. This is an improvement from the number of 15% reported in November. An uptick in active e-commerce customers, with Walmart “densifying the last mile” by delivering more packages per route, is credited with helping boost this statistic. “As we have more customers coming to us, using us through e-commerce channels, it enables us to spread that cost of delivery over multiple customers,” Rainey said.
Automation Advancing Throughout the Cold Chain
The U.S. food automation market is estimated at $2.6 billion and growing, driven by efficiency, labor markets and food safety. According to the Global Food Automation Strategic Industry Report 2024 by Research and Markets, the market is projected to grow globally at a compound annual growth rate (CAGR) of 6.6%, through 2030. Inflation, tight labor markets and post-COVID demand are some of the key factors that have been advancing automation in the cold chain, demonstrating its growing ROI.
Thanks for joining our roundup of industry news from the logistics sector! As we navigate these changes, staying informed and adaptable is crucial for success in the logistics field. These stories not only inform us about current trends but also inspire us to think ahead, preparing for the future challenges and opportunities in the world of logistics.