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Amazon | September 21, 2020
Amazon's delivery stations, the facilities closest to the consumer, are growing the most as the e-tailer expands its logistics footprint, according to a research note published last week from RBC Capital Markets based on data from the supply chain consultancy MWPVL and Amazon's financials. Amazon delivery stations are growing in number and getting larger, the researchers noted, pointing out this helps Amazon get inventory "dramatically closer to the consumer." Amazon announced ...
Kayne Partners | February 09, 2021
Kayne Partners, the development equity strategy of Kayne Anderson Capital Advisors, L.P. ("Kayne" or the "Firm"), a leading elective resource the board firm with more than $32 billion under management, proceeded with its accomplishment in the media and supply chain areas in 2020. Kayne Partners was dynamic a year ago in those areas, having put almost $70 million out of three new portfolio organizations and acknowledging three portfolio organization speculations adding up to a...
UPS | January 25, 2021
UPS, has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.
“We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business ...
Alibaba | June 02, 2020
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...
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