Category «Business»

Global market value of cargo bikes: 2,4 bln by 2031

Analysts with Future Market Insights assessing the growth of the marketplace for cargo bikes have placed the courier industry as a key buyer of electric cargo bikes, forecasting that 43% of sales could soon go to those building delivery fleets. The research finds that the global market value is on course to hit 2,4 billion …

CTP acquires Amsterdam Logistic Cityhub for 300 mln euro

CTP, a top-five industrial property developer in Europe, announced the acquisition of the Amsterdam Logistic Cityhub (ALC) with a net transaction value of €307 million for 100% of the shares of this single asset. The XXL city hub in the Western Docklands of Amsterdam is currently being constructed. Upon completion (end of 2022), will comprise …

The rise and fall of parcel delivery companies?

Investors in the parcel delivery business are cautious. Royal Mail lost 15 percent of its value in one month, Belgian Bpost lost 18 percent. UPS and FedEx losing 7 to 9 percent. With a 5 percent drop in the AEX last week, is Dutch PostNL the next loser? Dutch PostNL sent 11 percent more parcels …

LeasePlan and Arrival partner to bring electric vans to European cities

LeasePlan and Arrival sign partnership to bring revolutionary electric vans to European cities. LeasePlan, one of the world’s leading Car-as-a-Service companies, and Arrival, the global technology company creating electric vehicles (EVs) with its unique technologies, announced that LeasePlan will be the preferred operational leasing partner for Arrival electric vans. The partnership is based on an …

Picnic: how does the Picnic real-time delivery radar work

Picnic is an online, mobile, and app-only supermarket providing affordable grocery shopping with free delivery in the Netherlands, Germany, and France. Picnic respects their customers’ time and aims to provide a service reflecting that. They guarantee to deliver groceries during a one-hour delivery window selected by the customer between one day and one week ahead. …

Uber: delivery business now bigger than ride hailing business

Uber’s delivery business is now bigger than its ride hailing business. Uber on Wednesday reported widening losses even as trips and deliveries grew as driver incentives hit revenue. Uber said riders returned to its platform in greater numbers in July and it expects the trend to continue in the coming months, together with strong growth …

Amazon moving closer to its US customers

Amazon doubled down on its commitment to expand supply chain capacity on its latest earnings call. In 2020, Amazon’s capital expenditures were more than three times greater than those of Walmart. Retaildive reports about it. In 2020, Amazon upped its spending as it works to stand up more delivery stations and fulfillment centers. Amazon fulfillment …