Bringoz Industry Weekly 12/1
Black Friday eCommerce sales hit a new record. DTC brands turn to Amazon to ensure fast holiday delivery. Logistics companies brace for the potential impact of the incoming Trump administration. Read about these stories and more in our weekly industry news roundup.
Black Friday eCommerce Sales Reach $10.8 Billion
On Black Friday, U.S. eCommerce sales hit a record $10.8 billion, according to Adobe Analytics. Online sales were not only a billion higher than last year, but they also grew at a faster rate than they did the year before. This is the third consecutive year of Black Friday eCommerce sales growth. On Black Friday, consumers spent $11.3 million online per minute, on average, between 10 a.m. and 2 p.m., according to Adobe. Read more.
DTC Brands are Promoting Their Amazon Stores to Support Faster Holiday Delivery
In the coming weeks, many brands will turn to Amazon to ensure customers can get products delivered by Christmas. With five fewer shopping days between Thanksgiving and Christmas, many direct-to-consumer brands’ shipping deadlines will arrive quicker than usual. As such, a number of brands will be directing customers to shop from their Amazon stores in order to take advantage of Prime’s two-day shipping promise and ensure that all of their items arrive on time. Read more.
Trump Tariff Threat Strains Logistics Businesses
Freight transportation providers and maritime port operators are bracing for rough business impacts if the incoming Trump Administration follows through on its pledge to impose a 25% tariff on Mexico and Canada and an additional 10% tariff on China. Industry contacts say they fear that such heavy fees could prompt importers to “pull forward” a massive surge of goods before the new administration is seated on January 20, and then quickly cut back again once the hefty new fees are instituted, according to a report from TD Cowen. Read more.
Sustainable Practices in Fleet Management
As businesses continue to face increasing pressure to reduce their carbon footprint and adopt more sustainable practices, fleet managers are exploring new ways to transition to sustainable fleet operations. Here’s a look at how companies can make their fleets more eco-friendly, and the benefits of adopting more sustainable fleet management practices. Read more.
Four Trends Shaping the Future of Fleet Management
Fleet management is transforming as technology, sustainability, and operational demands evolve. Fleet managers face exciting opportunities and challenges as they embrace innovative solutions reshaping how fleets are operated, maintained, and optimized. Here’s a look at four fleet management trends to watch and how they’re set to impact the industry. Read more.
How Retailers Can Prepare for the Holiday Rush
Understanding the latest holiday trends and adopting proactive strategies will help retailers ensure a smooth and profitable holiday rush. By implementing strategies that prioritize convenience, flexibility, and a seamless shopping experience, retailers can capture the attention of holiday shoppers. Here’s a look at how retailers can prepare for the holiday rush. Read more.