Last-mile delivery company AxleHire expands along the East Coast
After an initial expansion to the East Coast in 2021, AxleHire is now going further, offering its last mile delivery services to customers in Washington and Baltimore. The company made the announcement on Thursday.
The new cities join Newark, New Jersey, Philadelphia and New York, giving AxleHire a presence in three of the five most populous cities on the East Coast. AxleHire has last mile operations in 16 of the 25 major US metro areas
“The transportation corridor between Washington, D.C. and Baltimore is one of the nation’s most important logistics markets and we are pleased to provide our customer list with the ability to ship to these two populous cities,” said Adam Bryant. , CEO of AxeleHire. “By expanding into larger locations across the country, we are able to offer our customers new options for high-quality, same-day or next-day deliveries. »
Axle rental, based in Emeryville, Calif., offers same-day and next-day delivery service through a lightweight transportation network that uses gig economy, couriers and traditional carriers. It leverages proprietary technology to create denser delivery routes that carry more packages in fewer vehicles. Routes are dynamically changed on demand as needed. All of its sorting centers are located near dense populations to facilitate faster delivery times with 98.5% on-time delivery with package tracking.
Read: Last mile provider AxleHire announces East Coast expansion
Read: AxleHire brings its last mile delivery service to the Chicago area
In April 2021, AxleHire announced that it had closed a $20 million Series B funding round led by Ajax Strategies. The company then said the new funding, which included participation from Eclipse Ventures, Quiet Logistics, Bee Partners and Acorn Pacific Ventures, would be used to improve its sorting technology, expand its network of sites and add staff. Since then, the company has grown rapidly, first adding a sorting facility in Chicago in June, then looking east to add a presence on the Atlantic coast.
AxleHire has several large clients in its portfolio, including delivery company Deliverr and retailer American Eagle.
In January this year, the company announced a deal with an electric cargo bike company Urb-E to help facilitate last-mile deliveries with e-bikes in New York City and Long Beach, California. In New York, AxleHire and Urb-E launched a micro-container delivery system to deliver goods from Brooklyn to Manhattan. Urb-E vehicles can carry more than 800 pounds and still travel on bike paths. This model case study proved that the delivery network saves driving time and avoids parking tickets, resulting in a 6x reduction in traffic and a 3x cheaper model than the electric vehicle delivery vans, the companies said.
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