USPS is developing into a ‘formidable opponent to UPS, FedEx’—according to a Morgan Stanley analyst. After years of declining volumes, USPS may have found its niche. Ironically, its fastest growing segment is now e-commerce parcel and last-mile delivery for, you guessed it, carriers like UPS and FedEx.
Uber Freight announces Lane Explorer—a tool that gives freight buyers real-time pricing along their lanes, with the ability to lock in pricing up to two weeks in advance. Our favorite third-party analysis here.
Jet.com’s sales down 39%—and other weekend sales numbers.
Snapchat unveils new in-app shopping functionality via Shopify. This isn’t their first attempt at a disruptive foray into e-commerce.
Despite positive growth numbers, Gap to shutter ‘hundreds’ of flagship stores.