Skip to content
Search AI Powered

Latest Stories

Delivery vehicle leasing firm orders 5,400 electric vans from GM unit

Merchants Fleet says mid-size BrightDrop vans are fitted for last-mile operations.

brightdrop-image.jpeg

Freight vehicle leasing provider Merchants Fleet is committing to electric vans with the news today that it has reserved 5,400 mid-size, light-commercial vehicles from General Motors for use by its last mile and delivery clients across North America.

The move makes Hooksett, New Hampshire-based Merchants Fleet the first fleet management company (FMC) to order units from BrightDrop, the General Motors division launched in 2021 to provide electric-powered first and last-mile delivery vehicles.


Merchants Fleet will buy the BrightDrop EV410 model—a lighter weight version of the firm’s previous EV600 design—which offers range of up to 250 miles on a full charge and the easy maneuverability required for faster, smaller payload delivery tasks. According to BrightDrop, the unit could also help with labor challenges because its gross vehicle weight rating [GVWR] of less than 10,000 pounds limits the need for additional operating licenses.

"Merchants Fleet's plan to purchase such a large order of our electric commercial vehicles shows they are serious about leading the fleet industry's transformation to an all-electric future, and confident in BrightDrop's ability to bring that vision to life," Travis Katz, BrightDrop president and CEO, said in a release. "The collaboration with Merchants Fleet opens the door for other companies that want to electrify their fleets by providing access to our portfolio of electric vehicles, which is a critical step toward decreasing vehicle-related emissions in the communities where we live."

In another move to provide support for its clients making a transition from internal combustion engines to EVs, Merchants Fleet earlier this year also launched an AdoptEV program that guides businesses through steps of the fleet electrification process such as assessing needs, purchasing the right vehicles, and charging options and infrastructure.


Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less

CSCMP EDGE keynote sampler: best practices, stories of inspiration

With six keynote and more than 100 educational sessions, CSCMP EDGE 2024 offered a wealth of content. Here are highlights from just some of the presentations.

A great American story

Keep ReadingShow less