FedEx to let ground contract with Amazon expire at end of August

Roughly two months after Memphis-based transportation and logistics bellwether FedEx announced it made a strategic decision not to renew the FedEx Express U.S. domestic contract with Amazon.com, Inc., reports issued today indicate it is also severing its ties with the global e-commerce bellwether on the ground side, too. Source: logistics Mgmt

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Uber Freight and MercuryGate team up on a cross-partnership initiative

SaaS-based transportation management system (TMS) provider MercuryGate International Inc. and Uber Freight, a subsidiary of the ubiquitous, ride-sharing service Uber, whose proprietary app matches trucking companies with loads to haul, have formed a partnership in which Uber Freight’s extensive carrier network is now available on the MercuryGate platform. Source: logistics Mgmt

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Flexport set to help SMBs with capital financed supply chains

Flexport Capital recently released a financing solution to help alleviate the working capital constraints caused by the U.S.-China tariffs. According to the company, a suite of trade finance solutions, Flexport Capital helps businesses – especially “fast-growing companies” – keep their capital working for them. Source: logistics Mgmt

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