Instabox, a Stockholm-based company providing last-mile deliveries for e-commerce brands, has closed a $90 million Series B round led by EQT Ventures to fuel continued expansion within and outside of the Nordics, reports tech.eu.
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State-owned mail service provider Cambodia Post on Monday resumed limited express delivery after a nearly five month long Covid-19 hiatus, reports Phnom Penh Post.
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UK shoppers are sitting on a potential £2.4 billion of unreturned goods they have purchased online, as lockdowns restrictions have made returning unwanted items significantly harder for them.
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During yesterday’s meeting of the U.S. Postal Service Board of Governors, Ron A. Bloom was unanimously elected by his fellow Governors to serve as the 24th chairman of the Board of Governors. The Governors also unanimously elected Roman Martinez IV to serve as vice chairman. Bloom succeeds Robert M. Duncan, the Board’s chairman since Sept. 2018, and who continues his term as a Governor.
Read MoreOcado Group has announced its full year results for the 52 weeks ended 29 November 2020.
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Whilst UK retailers have made headway in offering consumers more choice in online fulfilment options, almost a fifth (19%) had to suspend delivery services during the pandemic, the latest data from parcelLab, the operations experience platform, revealed.
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The U.S. Postal Service has reported its financial results for the first quarter of its fiscal year 2021 (Oct. 1, 2020 – Dec. 31, 2020), with a net income of $318 million.
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Road and air freight distribution specialist, E-Gistics Ltd, is celebrating a £131,000 cash injection after its new online distribution platform for vendors and independent hauliers earned it a valuable government incentive.
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