Tag: fedex
Suing your way to the stars
Hello friends, and welcome back to Week in Review! I’m back from a very fun and rehabilitative couple weeks away from my phone, my Twitter account and the news cycle. That said, I actually really missed writing this newsletter, and while Greg did a fantastic job while I was out,…
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India’s Delhivery bags $100 million from FedEx
FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global firm looks to expand its presence in the South Asian country. Friday’s investment comes less than two months after the Gurgaon-headquartered startup, which is valued at $3 billion, secured $277 million…
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FedEx plans for an all-electric delivery fleet by 2040
FedEx will replace its current delivery trucks with electric models until its entire fleet is made up of zero—emission vehicles by 2040. The company is making the transition as a way to help it achieve its goal to reach carbon neutral status in the s… Source
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After Math: Everything is awesome
While the Trump administration spent this past week kneecapping the US Postal Service in an obvious effort to throw the upcoming November election in its favor, other events occurred as well. Here are five examples. Engadget USPS appears to be retir… Source
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Scandit raises $80M as COVID-19 drives demand for contactless deliveries
Enterprise barcode scanner company Scandit has closed an $80 million Series C round, led by Silicon Valley VC firm G2VP. Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures also participated in the round — which brings its total raised to date to $123M. The Zurich-based firm offers a…
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USPS reportedly reassessing last-mile delivery deals with companies like Amazon
In a time when package deliveries are more essential than ever, the future of the United States Postal Service is very much in limbo. The president of the United States has waged a one-man war on America’s most-liked government agency, calling it a “joke” and insisting it raise prices before…
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