Skip to content
Search AI Powered

Latest Stories

newsworthy

Rakuten acquires pair of Salt Lake City firms to boost e-com abilities

Buying FirstMile and IFS360 enhances warehousing, fulfillment, and shipping, company says.

Third party logistics provider (3PL) Rakuten Super Logistics (RSL) has acquired the e-commerce solutions firms FirstMile and IFS360, adding them to a fast-growing portfolio that spans 11 fulfillment centers providing two-day delivery throughout most of the U.S.

Terms of the deal were not disclosed.


Both based in Salt Lake City, the two sister firms provide e-commerce solutions including warehousing, fulfillment, and shipping. More specifically, FirstMile is an e-commerce logistics company that offers retailers delivery solutions ranging from economic ground routing through expedited and same day and next day deliveries.

Meanwhile, IFS360 is an integrated fulfillment operation, handling fulfillment functions including receiving, returns management, shipping, kitting, and subscriptions box campaign management.

According to RSL, buying IFS360 gives it immediate access into the Salt Lake City market, while FirstMile offers an opportunity for RSL clients to use its transportation network, infrastructure, and experience. "The acquisitions will position RSL well in a strategic regional market while offering our clients greater access and choices for growing their business, competing and delivering an improved customer experience," RSL CEO Michael Manzione said in a release.

RSL, which is the U.S.-based order fulfillment arm of the giant Japanese e-commerce marketplace Rakuten Inc. says its nationwide network of fulfillment centers allows e-commerce retailers to reduce their shipping costs, improve order accuracy, decrease shipping times, and increase customer satisfaction. RSL has integrated its technology and cloud-based fulfillment platforms with e-commerce platforms including: Rakuten.com, Shopify, Amazon, Magento, Walmart Marketplace and eBay.

In addition to its recent acquisitions, Rakuten has also been investing in warehouse automation, including the deployment of 100 picking robots from warehouse automation startup inVia Robotics Inc. at Rakuten's Las Vegas fulfillment center.

The Latest

More Stories

Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

Keep ReadingShow less

Featured

From pingpong diplomacy to supply chain diplomacy?

There’s a photo from 1971 that John Kent, professor of supply chain management at the University of Arkansas, likes to show. It’s of a shaggy-haired 18-year-old named Glenn Cowan grinning at three-time world table tennis champion Zhuang Zedong, while holding a silk tapestry Zhuang had just given him. Cowan was a member of the U.S. table tennis team who participated in the 1971 World Table Tennis Championships in Nagoya, Japan. Story has it that one morning, he overslept and missed his bus to the tournament and had to hitch a ride with the Chinese national team and met and connected with Zhuang.

Cowan and Zhuang’s interaction led to an invitation for the U.S. team to visit China. At the time, the two countries were just beginning to emerge from a 20-year period of decidedly frosty relations, strict travel bans, and trade restrictions. The highly publicized trip signaled a willingness on both sides to renew relations and launched the term “pingpong diplomacy.”

Keep ReadingShow less
forklift driving through warehouse

Hyster-Yale to expand domestic manufacturing

Hyster-Yale Materials Handling today announced its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for certain portions of its lineup of forklift trucks and container handling equipment.

That means the Greenville, North Carolina-based company now plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company’s plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local material requirements, and further developing electric power options for high-capacity equipment.

Keep ReadingShow less
map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

Keep ReadingShow less
screenshots for starboard trade software

Canadian startup gains $5.5 million for AI-based global trade platform

A Canadian startup that provides AI-powered logistics solutions has gained $5.5 million in seed funding to support its concept of creating a digital platform for global trade, according to Toronto-based Starboard.

The round was led by Eclipse, with participation from previous backers Garuda Ventures and Everywhere Ventures. The firm says it will use its new backing to expand its engineering team in Toronto and accelerate its AI-driven product development to simplify supply chain complexities.

Keep ReadingShow less