Lessons learned from UPS London experiments with e-trucks

New brown vans gliding through the streets of London are part of a plan by UPS to electrify its full central London fleet of 170 vehicles. UPS has converted about one-third of its diesel vehicles to electric vehicles. UPS executives say that through their experiments, they have solved issues like high costs and putting too much strain …

Delivery startup Postmates joins 1 bln dollar Unicorn Club

On-demand delivery startup Postmates raised $300 million in venture funding by Tiger Global to accelerate its growth. The deal values Postmates at approximately $1.2 billion. “We didn’t have plans to raise additional capital,” Postmates CEO Bastian Lehmann told Term Sheet. “Tiger Global approached us and said it’s time to put some more gas in this machine. So we …

US Brookings research: e-fulfilment is coming into our cities

Brookings is reporting about where will online orders get fulfilled? The changing local geography of e-commerce. Brookings: “As the brick-to-bits transition continues, it’s not enough to just count job and output changes. It’s equally important to know where e-commerce jobs are emerging, especially as it relates to more traditional retail locations”.

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