J&J Snack Foods taps NFI for managed logistics
After facing higher fuel costs year-over-year the food distributor is moving its logistics management to a 3PL called NFI.
Shopify Reports Third Quarter 2022 Financial Results
GMV growth fueled by omnichannel capabilities and merchants adopting more solutions to run their businesses
Ryder Acquires E-Commerce and Omnichannel Fulfillment Provider Dotcom Distribution
The acquisition will further bolster Ryder’s e-commerce solution for B2B and B2C brands in high-value verticals including health, beauty and cosmetics, and fashion and apparel
Instacart Shelves Plans for 2022 IPO, Citing Market Turmoil
Food delivery giant Instacart Inc. is holding off on plans to go public until at least next year, according people familiar with the matter. Instacart had been planning to file its S-1 filing this week but reconsidered amid a turbulent market, the people said.
Kroger to buy Albertsons in $24.6 billion deal
A combined Kroger and Albertsons promises to create a supermarket chain with the scale and consumer reach capable of rivaling non-grocery competitors like Walmart, Amazon and Dollar General that have so heavily pressured the industry in recent years.
What’s next for TikTok after news of US fulfillment bid?
Company wants to build ‘international e-commerce fulfillment system,’ per job postings
Kroger and Albertsons in Deal Talks to Create Supermarket Giant
A deal could create a new grocery giant, operating thousands of stores across the U.S.
TikTok’s latest venture appears to be e-commerce fulfillment
The social media app famous for its short-form videos appears to be taking a significant step into the e-commerce world by moving beyond brand awareness and potentially assisting brands with fulfillment.
Micron to invest up to $100B in New York chip manufacturing site
Micron Technology will invest up to $100 billion over the next 20-plus years to construct the largest semiconductor fabrication plant in the U.S.
DHL Supply Chain to hire 12,000 warehouse employees ahead of peak season
The logistics company is also planning to increase its use of robotics to enhance efficiency and offset labor constraints. DHL plans to deploy 2,000 collaborative robots across its network, up from 1,500 last peak season.
UNFI records quarterly results as it steps up investments in automation
UNFI plans to step up its use of automation as a key pillar of its strategy, and this week announced that it will work with robotics company Symbotic to help improve its ability to provide retailers with better service.
GXO opens Nebraska warehouse to support Bayer Crop Science
The facility features GXO’s warehouse management system and will support Bayer’s life science fields of health care and nutrition.
Chinese e-commerce firms enhance overseas warehouse network
Chinese logistics firms are beefing up efforts to invest in logistics infrastructure and launch overseas warehouses in a key step to bolster the development of cross-border e-commerce and ensure the stability of industrial and supply chains.
PepsiCo announces new automated warehouse
PepsiCo announces a 100 million USD investment in three new operational production lines and a new automated warehouse, automation capabilities, and a new master plan at the Popesti-Leordeni factory.
Ocado shares have fallen by over a quarter in the past month
Demand is weakening as consumers trade down and spend less, with a first annual decline in grocery sales now expected by the business.