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Technology: Page 584

Mercedes Benz, Drone-Maker Matternet Aim to Tackle Last-Mile Delivery

A recent live demonstration of an e-commerce delivery by a drone reinforced the potential of drones to streamline last-mile deliveries - the final frontier of e-commerce logistics. At the late-September livestreaming of the delivery, the consortium behind the project announced a three-week trial of a same-day drone delivery service.

Data Center Spending Is Off the Charts This Year

Investment in U.S. data centers grew to $18.2bn in the first half of this year, more than double the amount spent in all of 2016, according to a new report. The total includes money spent on building or buying data centers.

Freight Startup Flexport Raises $110M, Turns Down $1Bn Valuation

Flexport, the shipping logistics company that launched in San Francisco just four years ago, is set to close a $110m Series C funding round. The investment values the company at $910m post money, says Wesley Chan, managing director at Menlo Park VC firm Felicis Ventures, an early investor in Flexport. The new round will bring the total capital invested to $204m.

Malls, a Struggling Symbol of Suburban America, Could Help Ease the Housing Crisis

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.

Toymakers Say There Is 'Widespread Panic' Following Toys "R" Us Bankruptcy

Within hours of Toys "R" Us's bankruptcy filing last month, the maker of Max Tow Truck and Animal Babies Nursery sounded a financial alarm of its own: Jakks Pacific, the company said, expected to swing to a loss this year as a result of the mega-retailer's bankruptcy.

100417 Toymakers Say There Is

The Giant Is Coming: The True Cost of Amazon to Australia's Retailers and Workers

Down Dandenong way, on the outskirts of Melbourne, Amazon is staking out a beachhead for the invasion.

100417 The Giant Is Coming

Deliv Expands Across U.S., Takes Macy's, Best Buy, Others Along

In a move that it says puts it on equal footing with Prime Now's domestic coverage, crowdsourced same-day delivery provider Deliv has expanded to 1,400 U.S. cities in 33 markets, up from 19 markets previously - allowing retail customers like Macy's and Best Buy to greatly increase the range of their services.

Former Atlanta CPO Admits Taking Bribes From Supplier

A former chief procurement officer for the City of Atlanta has admitted accepting payments in exchange for helping a vendor win city contracts.

Logistics Sector Cheers May's Support for Brexit Transition Period

The U.K.'s Freight Transport Association (FTA) welcomed Prime Minister Teresa May's call last week for a transition period as a key priority for Brexit negotiations. But, as May's Tories grip on power continues to erode against an ascendant Labor party, the prime minister's pragmatic turn might be too little, too late, and the future of U.K.-E.U. trade remains unclear.

Best Buy's Secrets for Thriving in the Amazon Age

While running errands the other day, I ducked into a local Best Buy to pick up a pair of new headphones. What I saw inside was shocking.

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Why Neighborhood Toy Stores Are Thriving While Toys "R" Us Goes Bankrupt

Ella Wiesenfelder has been coming to Barstons Child's Play her whole life, so naturally it's where she wanted to be on the afternoon of her 8th birthday.

How Grocery Giant Aldi Plans to Conquer America: Limit Choice

Dim lighting bounces off brownish-tiled floors. The shelves are sparsely filled with cardboard boxes. Checkout lines stretch to oblivion. There is nothing super about these stores.

100217 How Grocery Giant Aldi

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site