Alibaba is integrating freight procurement into its business-to-business e-commerce platform, the company announced Tuesday. Alibaba Freight had been in a pilot phase for a couple of months and will now be available to buyers on certain trade routes.Alibaba Freight will be powered by the Freightos online freight marketplace and allow shippers to "compare, book, manage and track ocean and air freight in real-time online," the company said in a press release.Shippers using Al......

Nordstrom decreased its inventory 26% in the first quarter of 2020 compared to the same period last year, according earnings results released Thursday. Sales decreased 40% in the quarter year over year, and the company posted a $521 million net loss."With inventory as our biggest lever of flexibility, we reduced receipts by 30% during the first quarter, generated customer demand through increased marketing and promotions, and utilized our fulfillment capabilities to clear inventory he......

UPS announces peak surcharges on certain domestic shipments starting Sunday. The surcharges will apply to Ground Residential and SurePost packages if a shipper's volume the prior week was more than 25,000 packages greater than the shipper's average daily volume in February. The surcharge is $0.30 per package.UPS will also impose a large parcel surcharge of $31.45 per package. UPS will also impose a surcharge of $31.45 per package on large parcels.UPS defines large package as one wi......

The future of last-mile logistics could be a hybrid truck and drone model, but there are significant regulatory barriers keeping it from becoming a reality in the near future, according to a paper published May 16 by Matthias Winkenbach, the director of Massachusetts Institute of Technology 's (MIT) Megacity Logistics Lab, and Farri Gaba, a research assistant at the university.Deploying drones on traditional delivery vehicles would allow parcels to be distributed simultaneously. The dr......

Snowman Logistics is the leading temperature-controlled logistics service provider operating on a pan-India basis. We’re taking a closer look at the company here.The company has temperature controlled warehouses set up adjacent to cities with significant potential for sourcing and consumption of temperature sensitive products and materials, such as foods and beverages for grocery stores.With a capacity of 107,200 pallets, and 293 trucks making up its fleet, Snowman Logistics bo......