The pandemic surge has experts predicting three billion packages will course through the nation’s shipping infrastructure during the holiday season — about 800 million more than were delivered last year, Michael Corkery and Sapna Maheshwari report in The New York Times.
According to a new report from LateShipment.com, average package delay rates during this year’s holiday season could range from 14% to 18%. That makes the package delay rate between 1.5 to 2 times worse than any past holiday season. Highly populated areas like New York, Los Angeles and Chicago could face delays between 25% and 30%, the report estimates.
November retail sales among a cohort of retail sectors followed by Retail Dive rose 10.3% year over year, according to numbers released Wednesday by the U.S. Department of Commerce.
Capital One recently announced that it will ban the use of its credit cards to fund buy-now-pay-later transactions. According to a Capital One spokesperson, BNPL transactions “can be risky for customers and the banks that serve them.” In this article, I will examine Capital One’s claim.
SEATTLE—In an effort to fulfill his insatiable thirst for total marketplace dominance, Jeff Bezos announced the launch of new e-commerce site Bezylon Tuesday to undercut Amazon.
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