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FedEx Eyes Stake In Germany’s Hermes Delivery Service

PYMNTS

The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx acquired TNT Express in 2016 for boosting its B2B shipments, and Last Mile Experts Managing Partner Marek Ró?ycki

Memphis 215
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COVID-19 Vaccine Could Complicate Holiday Shipping Delays

PYMNTS

“Every mode of shipping is already under tremendous pressure due to COVID-19-related and holiday shopping constraints, and vaccine delivery just adds another element of disruption to the already fragile mix," said Sean Maharaj, managing director in the logistics practice of AArete, a global consulting firm, to USA Today.

Michigan 179
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DHL: Strengthening Fulfillment’s Weakest Link

PYMNTS

And in an interview with Karen Webster, Adrian Kumar, global head of operations, science and analytics at DHL Supply Chain , said that better inventory management can be aided by ergonomic design and automated processes through the use of artificial intelligence (AI) and robotics. The McDonald’s Example.

Memphis 142
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. 257 $45 36 Bambu 39 2016 Memphis 166,000 2.3 The post Top 63 Online Digital Banks for U.S. Elon Musk’s second startup, X.com (now PayPal), launched in 1999.

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Retail Labor Shortage Concerns Deepening

PYMNTS

And workers with experience are increasingly coming at a cost premium, according to Tyler Owen, a senior director at JDA Software who specializes in workforce management. Central Ohio, Memphis, Tennessee, and Louisville, Kentucky, were all areas with reported shortages last year. That is about level with last year. ”

Retail 100
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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points. However, the online order and delivery service’s sales and active daily orders came up short of estimates. The Road Ahead.

Retail 101
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. Oklahoma City, and Memphis. Ontario (L.A.),

Company 130