Shipping

Is Amazon Destroying Retail?

“A set of facts could be put forward that would support that (they are destroying the retail landscape),” says former Walmart CEO Bill Simon. “They’re going through another cycle of it where their CFO in the (earnings) call said we’re reinvesting to drive one-day Prime shipping. That’s going to put more pressure on retailers and …

Is Amazon Destroying Retail? Read More »

Blockchain-Powered Shipping Industry Platform To Dramatically Reduce Costs

Major ocean container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) are joining TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM. With the addition of these carriers on the TradeLens platform, nearly half of the world’s ocean container cargo will be using blockchain technology to dramatically improve …

Blockchain-Powered Shipping Industry Platform To Dramatically Reduce Costs Read More »

Walmart Can’t Let Amazon Out Walmart Walmart

“I’ve been watching Walmart since 1968, they only came into existence in 62, they’ve done the same thing to the rest of retail,” says Jan Kniffen of J. Rogers Kniffen Worldwide. “They kept making a new step every time and the rest of retail had to follow and they won the game, they got all …

Walmart Can’t Let Amazon Out Walmart Walmart Read More »

Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers

The recent USPS shipping structure changes will increase retailers shipping costs, says Rakuten CEO Mike Manzione. What Rakuten does is help retailers offset these increases by utilizing a network of order fulfillment centers, thereby controlling shipping costs while decreasing shipping times. “With the change to zone-based pricing for First Class Packages, all clients must reconsider …

Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers Read More »

Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO

“Our view is that the commercialization of autonomous driving for passenger vehicles will probably take a bit longer than people would think,” says Richard Zhang, CFO of Full Truck Alliance. “We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car …

Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO Read More »