May 7, 2021

Peloton says recall will reduce revenue by $165 million

[ad_1] (Bloomberg)—Peloton Interactive Inc. projected revenue of $915 million in the current quarter, saying the recall of its treadmills would reduce sales by about $165 million. Shares gained about 5% in extended trading after investors had prepared for a larger blow. CEO John Foley said the financial impact would be “short term” from the halt […]

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Last Mile Logistics: Why More Shippers Are Expanding Capability Into Last Mile Delivery

[ad_1] Last mile logistics remains a confusing part of the modern supply chain. While initially perceived as relatively simple, last mile logistics are much more critical than many shippers realize. The last mile delivery is the actual point of interaction between a given shipper and the customer. Combined with the substantial growth of e-commerce, last

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