Bringoz Industry Weekly 9/8
Private fleets are growing and becoming more efficient. FedEx invests in scaling its eCommerce fulfillment capabilities. Target grows its next-day delivery offering. Read about these stories and more in our weekly industry news roundup.
Private Fleet Benchmarking Survey Reports Growth and Efficiency
A new industry survey makes it clear that private fleets are growing, as 122 companies submitted data for the National Private Truck Council’s annual benchmarking survey. This is the most company submissions the NPTC has received since the survey began. Private fleets now make up nearly half of the truck market and carry 75% of outbound shipments. Private fleets have reported 10 consecutive years of YoY growth. Read more.
FedEx Fulfillment Plans Expansion With Robotics Firm Investment
FedEx is preparing to scale its eCommerce fulfillment offering through a strategic alliance and investment in Nimble, an artificial intelligence robotics and autonomous technology company. Through the alliance, FedEx can use Nimble’s fulfillment centers. This will enable expansion for FedEx Fulfillment, which is geared toward order fulfillment and inventory management for small and medium-sized businesses. Read more.
Target Grows its Next-Day Delivery Network
Target has grown its supply chain footprint by opening its 11th sortation center. Target says the center will bring its next-day delivery offering to over three million consumers across the Detroit area. The sortation center will retrieve packages daily from 30 to 40 local stores and sort, batch and route them for delivery to local neighborhoods by a local delivery driver or a third-party carrier. Up to 90% of items ordered on Target.com before noon will be delivered the next day. Read more.
How eCommerce is Transforming Retail Distribution Channels
The rise of eCommerce has changed the landscape of retail, impacting everything from how consumers shop to how products are delivered. As more consumers embrace online shopping, retailers and brands are rethinking their distribution strategies. Here’s a look at how eCommerce is transforming retail distribution channels and what businesses can do to adapt to this new reality. Read more.
Optimizing Your Retail Distribution Operations for Greater Efficiency
A well-optimized retail distribution operation ensures that products reach the right place at the right time. Whether it’s a new company or a seasoned enterprise, optimizing distribution strategies can enhance operational efficiency, helping businesses run smoother and more streamlined distribution channels. Here’s a look at how retailers can streamline their distribution processes and enhance distribution efficiency. Read more.
5 Ways Technology is Changing the Fulfillment and Delivery Workforce
From warehouse operations to last-mile delivery, innovative technologies are reshaping the way work is done and transforming the roles and responsibilities of the workforce. The modern workforce is adapting to increasingly automated workflows and sophisticated systems to enhance workforce optimization and improve fulfillment and delivery accuracy, speed, and efficiency. Here’s a look at how technology is changing the fulfillment and delivery workforce. Read more.