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Royal Mail moves quickly to diversify non-home parcel shipping points

Royal Mail plans to almost double the number of parcel exchanges — including shops, lockers and parcel post boxes — to 45,000 locations by 2030, as part of a strategy to meet growing demand for drop off and collection points outside of the home.  In the past two years, Royal Mail has moved to expand… Continue reading Royal Mail moves quickly to diversify non-home parcel shipping points

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Australia Post to invest $320M for parcel super hub

Australia Post Group will invest US$324 million to build an ultra-large parcel processing center in a former automotive manufacturing plant located in South Australia, the corporation announced Thursday morning local time. The news follows the recent opening of other parcel facilities as the postal operator modernizes its network to meet demand for e-commerce delivery. The… Continue reading Australia Post to invest $320M for parcel super hub

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J.B. Hunt’s belt tightening yields big Q3 beat

J.B. Hunt Transport Services reported a notable step up in earnings despite a slight falloff in revenue during the third quarter. The multimodal transportation provider previously outlined a $100-million cost reduction program, the fruits of which showed up in a big way in the recent period. Join the leaders shaping freight’s future atF3: Future of… Continue reading J.B. Hunt’s belt tightening yields big Q3 beat

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Reefer report: Southern Texas reefer rates surge during off-peak produce season

Despite being the off-peak season for imported Mexican produce along the southern border, the McAllen market has recently seen capacity shortages on its West Coast long-haul lanes. McAllen is a significant gateway for Mexican tomatoes, limes, mangoes, and avocados entering the U.S., accounting for approximately 75% of the total imported truckload produce volume passing through… Continue reading Reefer report: Southern Texas reefer rates surge during off-peak produce season

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Alvys’ $40m Series B streamlining freight operations

Alvys, a logistics software provider, has secured $40 million in a Series B funding round led by RTP Global as it seeks to deepen its impact across the freight and insurance brokerage industries. The company’s approach, combining automation, integrated systems, and AI to simplify complex operations for carriers and brokers, is driving the Series B… Continue reading Alvys’ $40m Series B streamlining freight operations

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