FedEx CorporationArticle notes FedEx losing volume to alternative carriers, with volumes falling 8.3%.
Burq, a last-mile delivery technology company, is betting that enterprise retailers will pay for an orchestration layer that coordinates a growing bench of regional carriers, 3PL cross-dock networks, gig courier platforms, and private fleets. Jake Stein, who joined Burq four months ago to run retail growth after four and a half years at Uber, told FreightWaves that 55% of retailers now use carriers outside FedEx, UPS, and the U.S. Postal Service, and more than a third are actively moving volume away from the two national giants. Stein said Burq's system monitors orders after they leave a retailer's order management system, and can reassign a package to a different courier if a provider fails to pick it up within a set threshold, such as nine minutes. Alternative carriers moved 2.6 billion parcels last year, up 13%, while UPS and USPS volumes each fell 8.3%, according to the article. Stein expects autonomous delivery to grow for repeatable deliveries, though drone use cases will remain limited by weight, complexity, and signature requirements.
FedEx CorporationArticle notes FedEx losing volume to alternative carriers, with volumes falling 8.3%.
United Parcel Service IncUPS volumes fell 8.3% as retailers diversify to alternative carriers.
International Business MachinesBurq is the subject, betting on orchestration demand from retailers diversifying carriers.