NEW YORK, Nov. 5, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The last mile delivery market in Brazil size is estimated to grow by USD 4.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  15.4%  during the forecast period. Premiumization of goods and merchandise delivery is driving market growth, with a trend towards growing integration of last mile delivery models with courier, express, and parcel companies. However, operational challenges for last mile delivery companies  poses a challenge.Key market players include Accenture PLC, CMA CGM SA Group, Deutsche Bahn AG, DHL Express Ltd, DSV AS, FarEye Technologies Inc., FedEx Corp., FM Logistic, Honeywell International Inc., Infosys Ltd., J B Hunt Transport Services Inc., Kuehne Nagel Management AG, Mara Labs Inc., Nippon Express Holdings Inc., Royal Mail Group Ltd., Schneider Electric SE, SNCF Group, United Parcel Service Inc., Werner Enterprises Inc., and XPO Inc..

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Key Market Trends Fueling Growth

The last mile delivery market in Brazil is experiencing significant growth due to the integration of various models with courier, express, and parcel companies. The e-commerce sector’s increasing demand for parcel delivery has led logistics vendors to adopt last mile delivery models, offering regular, same-day, and instant delivery services. While price remains a crucial factor for most online shoppers, faster delivery options are essential for time-sensitive products like medicines and groceries. This competition among e-commerce players for superior services is driving alliances with parcel and courier companies, fueling market expansion. 

The last mile delivery market is currently experiencing significant growth, with a focus on improving efficiency and reducing costs. Proactive delivery methods, such as predictive analytics and real-time tracking, are trending. Drones and self-driving vehicles are also being explored for their potential in streamlining the delivery process. Urban consignment centers and micro-fulfillment centers are becoming popular solutions for dense areas. E-commerce companies are investing in technology to optimize their logistics networks and provide faster delivery times. The use of digital technologies, such as mobile apps and online tracking, is increasing to enhance the customer experience. Overall, the last mile delivery market is evolving to meet the growing demands of e-commerce and the need for faster, more efficient delivery solutions. 

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Market Challenges

Last mile delivery operations face significant challenges in achieving profitability, transparency, and efficiency. While long-distance logistics costs are low, individual deliveries to multiple locations drive up last mile costs, primarily due to labor and fuel expenses. Intense competition based on pricing and delivery time compels companies to maintain low costs, yet customers demand real-time tracking, necessitating expensive technologies like RFID sensors and tracking codes. These operational challenges may hinder the growth of the last mile delivery market in Brazil.Last Mile Delivery: Overcoming Challenges in the Final Leg of Supply Chain Last Mile Delivery (LMD) refers to the final leg of the supply chain, from the transportation hub to the end consumer’s doorstep. This critical stage faces numerous challenges that impact timely and cost-effective delivery. Technology plays a significant role in LMD. The use of advanced technologies like real-time tracking, predictive analytics, and automation helps optimize delivery routes and improve efficiency. However, challenges such as traffic congestion, lack of infrastructure, and unpredictable weather conditions can hinder on-time delivery. Another challenge is the increasing demand for same-day and two-day delivery, which puts pressure on logistics providers to optimize their operations and manage their resources effectively. Additionally, the rise of e-commerce and the growing number of online shoppers have led to an increase in parcel volume, further complicating LMD. To address these challenges, logistics providers are exploring various solutions, such as implementing dynamic routing, investing in alternative delivery methods like drones and autonomous vehicles, and collaborating with local delivery partners to expand their reach and improve service levels.

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Segment Overview 

This last mile delivery market in Brazil report extensively covers market segmentation by

Service 1.1 B2C1.2 B2BEnd-user 2.1 E-commerce2.2 Food and groceries delivery2.3 Pharmaceuticals2.4 OthersGeography 3.1 South America

1.1 B2C-  The B2C last mile delivery market in Brazil has experienced significant growth in the past five years, driven by the increase in e-commerce sales. Operators focus on enhancing residential customer experience with services like next-day and same-day delivery, real-time tracking, and easy returns. Companies utilize big data and consumer analytics to optimize delivery routes and reduce pre-last mile logistics time, resulting in faster deliveries and lower fuel usage. These strategies will continue to boost the growth of the B2C last mile delivery market in Brazil.

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Research Analysis

In the agricultural industry, last mile delivery plays a crucial role in ensuring the timely and efficient distribution of crop protection products, soil improvement solutions, and water purification systems to farmers. Diagnostic services and plant breeding innovations are also essential for optimizing crop yields and addressing sustainability considerations. The production of nanoparticles is a cutting-edge technology that enhances the efficiency of various agricultural inputs. On-demand services have revolutionized the logistics process, enabling the establishment of local hubs and distribution centers that cater to urban congestion areas. Retail stores and e-commerce platforms have integrated same-day delivery services, utilizing route optimization and delivery time segment strategies to cater to B2C consumers. UPS and other shipping companies have optimized their operations to meet the demands of the agricultural industry, ensuring brand reputation and consumer satisfaction at the front door.

Market Research Overview

The Last Mile Delivery market refers to the final leg of the supply chain, which involves transporting goods from a transportation hub or distribution center to the end consumer’s doorstep. This critical stage of the delivery process requires efficient and reliable logistics solutions to ensure timely and accurate delivery. Factors influencing the Last Mile Delivery market include increasing consumer expectations for faster delivery times, the rise of e-commerce, and the growing popularity of on-demand delivery services. Technological advancements, such as real-time tracking and automation, are also transforming the Last Mile Delivery landscape. Additionally, the use of alternative delivery methods, such as drones and autonomous vehicles, is gaining traction to address the challenges of congested urban areas and reduce delivery costs. Overall, the Last Mile Delivery market is a dynamic and evolving sector that requires continuous innovation and adaptation to meet the changing needs of consumers and businesses.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceB2CB2BEnd-userE-commerceFood And Groceries DeliveryPharmaceuticalsOthersGeographySouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

This multi-million-dollar agreement will transform connectivity across the retailer’s nationwide operations, enhancing performance and customer experience.

TORONTO, Nov. 5, 2024 /CNW/ – TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO) (www.terago.ca), a leading provider of Managed Fixed Wireless Internet and SDWAN solutions, announced today that a major Canadian retailer has selected TERAGO as a strategic partner to enhance their applications and network infrastructure across all locations nationwide.

The retailer, an established leader in the hardware equipment, tools, and industrial supplies with locations across Canada, sought to upgrade its connectivity solutions to ensure redundancy, boost performance, strengthen network security, and significantly enhance the client experience. They chose TERAGO’s advanced Managed Fixed Wireless Internet and SDWAN solutions based on its superior product offering, speed to market, premium white-glove service and cost profile.

“We are excited to deliver comprehensive network solutions that align with the growth and operational demands of our valued customer,” said Daniel Vucinic, CEO and President at TERAGO. “This partnership highlights our commitment to understand their business and then develop, deliver, and manage the most effective solution that supports their immediate and long-term goals. When I took over as CEO just more than a year ago, I highlighted my focus on reenergizing the business’ top line – today’s announcement is a resounding proof point for the substantial investment that has gone into this initiative.”

TERAGO’s fully managed solutions allow businesses to seamlessly operate in multiple locations with peace of mind, knowing that their network infrastructure is secure, redundant, and able to meet the Digitalization and evolving demands of today’s marketplace – please reach out to our team at info@terago.ca to learn more about how we can deliver superior connectivity and managed solutions for your business.

About TERAGO
TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa, and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SDWAN solutions, please visit www.terago.ca.

Forward-Looking Statements

This news release includes certain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond TERAGO’s control. Forward-looking statements may include but are not limited to statements regarding the further developing our 5G Fixed Wireless Access program, consistently executing across all fronts of the business, success in providing Canadian enterprises with managed services and the 5G Fixed Wireless trials being conducted by the Company. All such statements constitute “forward-looking information” as defined under, applicable Canadian securities laws. Any statements contained herein that are not statements of historical facts constitute forward-looking information. The forward-looking statements reflect the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those risks set forth in the “Risk Factors” sections in the annual MD&A of the Company for the year ended December 31, 2023 available on www.sedarplus.com under the Company’s corporate profile. Factors that could cause actual results or events to differ materially include the inability to consistently achieve sales growth across all lines of TERAGO’s business including managed services, inability to complete successful 5G technical trials, the results of the 5G trials not being satisfactory to TERAGO or any of its technology partners, regulatory requirements may delay or inhibit the trial, the economic viability of any potential services that may result from the trial, the ability for TERAGO to further finance and support any new market opportunities that may present itself, and industry competitors who may have superior technology or are quicker to take advantage of 5G technology. Accordingly, readers should not place undue reliance on forward-looking statements as several factors could cause actual future results, conditions, actions, or events to differ materially from the targets, expectations, estimates, or intentions expressed with the forward-looking statements. Except as may be required by applicable Canadian securities laws, TERAGO does not intend, and disclaims any obligation, to update or revise any forward-looking statements whether in words, oral or written as a result of new information, future events or otherwise.

SOURCE TeraGo Inc.

Three Key States—PA, IA, and GA—Will Determine the Final Outcome, with TX Emerging Closer Than Expected 

Resonate’s proprietary AI-models have accurately predicted past two Presidential elections

RESTON, Va., Nov. 5, 2024 /PRNewswire/ — Resonate, the leader in predictive consumer and voter intelligence, has predicted Trump as the winner of the 2024 Presidential Election in the final day of a volatile and dynamic election cycle.

According to Resonate’s data, which is refreshed daily to capture real-time shifts in voter sentiment, Trump currently holds a razor-thin projected Electoral College advantage of 270-268, though several key states like Iowa, Pennsylvania, and Georgia, are only leaning Republican. While Trump has narrow leads in those states, the number of likely voters who remain undecided and will make their decision at the ballot box today is larger than his margin in PA, IA, and GA. A decisive victory for Harris among late deciders could flip the projected narrow lead for Trump into a significant win for Harris.

The final outcome will hinge on these undecided voters where even small shifts could determine the winner based on key issues.

While Trump is likely to hold Texas, the state is surprisingly close. Resonate data has identified key issues like abortion rights are emerging as a decisive factor for voters in states that have implemented full bans or had full bans that were subsequently overturned. However, this shift alone may not be enough to flip strongly Republican-leaning states, though it is making several races surprisingly more competitive than initially expected. Related to abortion rights and other key issues, Resonate’s data anticipates Arizona to go to Harris.

Resonate’s methodology uses a proprietary, privacy-safe AI infrastructure, rAI, that analyzes trillions of anonymized online data points daily across 250 million U.S. adults. This predictive approach enabled Resonate to accurately project the outcomes of the past two presidential elections down to specific states, counties and zip codes including accurately predicting the popular vote within 13,000 votes in Georgia in 2020. In 2020, Resonate also correctly forecasted Biden’s win and uniquely predicted his victory in Nebraska —the second such win for a Democrat in the state. The company also anticipated his 55% share of the vote in Miami-Dade County.

In 2016, two weeks prior to the election, Resonate rAI technology detected shifts in voter intention following the Comey email announcement, causing Resonate to adjust its prediction from a win for Clinton to a win for Trump.

“Polls are a static snapshot of a moment in time of small sample of individuals. They are often less accurate because of the difficulty in capturing evolving public sentiment,” says Resonate CEO Bryan Gernert. “They can be compromised by a number of factors, including the willingness of people to say what they truly think about certain issues or candidates. Conversely, AI-powered data is real-time, dynamic, and incredibly precise.”

For more information about Resonate’s 2024 Presidential Election prediction, see our analysis HERE.

About Resonate

Headquartered in Reston, VA, Resonate is the leader in predictive consumer intelligence, delivering proprietary, privacy-safe consumer and voter data for insights, analysis and activation. The Resonate data set includes more than 15,000 rich, relevant, real-time data points that holistically describe more than 250 million U.S. consumer profiles. Resonate data is delivered directly through top demand-side platform (DSP) providers, data append and licensing, the Resonate Ignite platform or through Resonate Managed Media Services. Hundreds of companies and campaigns use Resonate to drive more effective marketing strategy and execution fueled by a comprehensive and continuously updated understanding of their audience that extends beyond traditional demographics, psychographics and behavioral data to uncover why people choose, buy, or support certain brands, products, candidates or causes. 

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SOURCE Resonate