B2B

A new report recently issued by DHL eCommerce, a subsidiary of global logistics services provider, Deutsche Post DHL Group, examined how both business-to-business (B2B) and business-to-consumer (B2C) e-commerce shippers are getting ready for peak season, in terms of their key objectives and priorities.

Atlanta-based Stord, provider of high-volume fulfillment services and e-commerce technology for leading brands, announced today it has completed its acquisition of Atlanta-based Ware2Go, a UPS subsidiary comprised of a nationwide network of certified warehouses and technology to streamline fulfillment across sales channels, and a flexible business model that eliminates long-term contracts and order minimums. 

Along with acquiring Drexel’s 3PL business, Kenco said this acquisition also includes Drexel’s four London, Ontario-area physical locations—which are equidistant from Toronto, Detroit, and Buffalo and operate as multi-client distribution spaces in a campus-like environment, and enable Drexel’s resource sharing and more flexible operations, coupled with 100 Drexel associates becoming Kenco employees.

“Logistics operators are now heavily investing in warehouse robotics to alleviate labor challenges and adopting AI-driven route optimization and predictive analytics to streamline order fulfillment,” says Bentz. “We’re even seeing autonomous vehicles and drones being tested to manage costs and accelerate delivery speeds. E-commerce ignited this transformation, and the shift is well underway. Logistics is being redefined.”

Established in 2006, TAGG Logistics has more than 4 million square-feet (SF) of warehousing space throughout the U.S., which Hub officials said allow for best-in-class and responsive e-commerce and B2B fulfillment capabilities. TAGG is on track to generate approximately $200 million of annual revenue in 2022. The company has approximately 800 employees at its 18 facilities.

Earlier this week, two regional final mile delivery service providers—Capital Express, an Omaha-based final mile delivery company, and ADL Delivery, a Tampa-based final mile delivery company—announced they have partnered up to form a holding company, or platform, focused on building a national provider of customized and final mile logistics services.

GEODIS said that this acquisition will significantly increase the company’s contract logistics footprint and e-commerce fulfillment services in Singapore and Southeast Asia.

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Company officials said that this investment—for these two service centers, which cumulatively account for 238,872 square-feet and add 144,875 square-feet of improved working space compared to its previous facilities—helps to establish what it described as more conveniently located and spacious facilities that will boost shipment capacity and also enable faster shipment processing, to provide earlier deliveries for local customers.

Nothing has been predictable or consistent in the parcel shipping industry in 2020. The onset of COVID-19 decimated shipping volumes in March and the beginning of April, as businesses sent employees home and shuttered facilities. However, parcel volumes have raged higher and higher ever since, with both FedEx and UPS reporting daily volumes at and exceeding “peak” holiday volumes.

Logistics Management Group News Editor Jeff Berman recently caught up with Steve Denton, CEO of Ware2Go, a UPS-backed company comprised of a nationwide network of certified warehouses, technology to streamline fulfillment across sales channels, and a flexible business model that eliminates long-term contracts and order minimums. Denton provided an overview of Ware2Go's service offerings and how his company is working with different companies amid the COVID-19 pandemic.

It’s no secret that e-commerce has changed the landscape of B2C retail- but the ripple effect this evolution has wrought on supply chains, including those of B2B shippers, may be less apparent.

Digitalization is the future of supply chain operations, and the key to staying ahead in the competitive modern landscape.

The benefits of Business-to-Business (B2B) integration are well known, but many companies struggle to achieve them.

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