Trucking Company Ditches Last-Mile Logistics, Says It Isn`t Profitable

Trucking company Schneider National is pulling out of the last-mile logistics business involving the delivery of appliances and other large consumer goods. According to the company, it has been losing money on that end of the business, despite a sizable investment in it.

The growth of e-commerce was supposed to support the growth of last-mile deliveries — and it has been driving industrial rents up — but it didn`t work out that way for Schneider, which reported that its First to Final Mile unit will close at the end of the year....

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RSK: I think the Green Bay WI Company is finding that the last mile concept is expensive and best left to those that do it best. I applaud them for pulling out of something that is not really their strong suit.