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Business Insider | March 18, 2020
Costco announced Tuesday that it bought logistics company Innovel Solutions from Transform Holdco, the holding company currently operating Sears and Kmart, for $1 billion. In a press release published on the retailer's website, Costco described Innovel as providing its clients like Sears with "'final mile' delivery, complete installation and white glove capabilities for 'big and bulky' products across the United States and Puerto Rico." Innovel was founded in 2014, ...
Armstrong & Associates, Inc. | September 25, 2020
According to Armstrong & Associates, Inc. (A&A's) newest report "Rising Tide: The Rapid Growth of E-Commerce Logistics, 3PL Solutions, Last-Mile Delivery, and the Dominance of Amazon," the Census Bureau of the U.S. Department of Commerce reported adjusted retail e-commerce sales in the second quarter of 2020 of $211.5 billion, a COVID–19 driven increase of 31.8% from the first quarter of 2020, and a whopping 44.5% increase from the second quarter of 2019. E-comm...
Supply Chain
Spire Global, Inc. | August 12, 2021
Spire Global, Inc. a leading global provider of space-based data, analytics, and space services, and Gravity Supply Chain, a cloud-based supply chain management platform, jointly announced an extended strategic maritime data partnership, building upon the relationship initially established in 2017. “We’re proud to partner with Gravity Supply Chain to help businesses around the world maintain a secure, robust, and efficient supply chain in face of significant complexiti...
Logistics
Velodyne Lidar | January 20, 2021
Velodyne Lidar, Inc. announces an essential partnership with Beijing Trunk Technology Co., Ltd. (Trunk.Tech). The organizations will work together in creating cutting edge autonomous substantial trucks and to quicken commercialization of driverless trucks in China's logistics market. Velodyne and Trunk.Tech will coordinate on lidar-empowered items that meet the requesting necessities of high velocity transportation logistics. These arrangements will reinforce object mindfulnes...
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