Management says FlexSave is a start towards giving shippers more control of their own shipping parameters, with tailored pricing, rather than having to accept standard carrier conditions. Ultimately, shoppers will have more choices during checkout.FlexSave will be available to qualifying shippers in the first quarter, with broader availability later in 2026, Veho said.The New York-based carrier said it has developed a proprietary technology platform, called MaestroAI, that orchestrates parcel movements by p ...

Core Insights - Veho is expanding its delivery service to new markets, including Ann Arbor, Akron, and Greensboro/Winston-Salem, aiming to reach 60 markets and 128 million consumers by the end of 2025, up from 46 markets at the start of the year [3] - The company is experiencing significant growth, delivering over 10,000 parcels per week in Greensboro and Winston-Salem, which is driving investment in its parcel injection, sortation, and distribution capacity [2][3] - The U.S. parcel volume is projected to grow at a compound annual rate of 4% to 26.8 billion by 2027, with alternative carriers like Veho gaining market share from traditional providers [4][6] Company Developments - Veho has appointed Neel Madhvani as the chief product officer to enhance product development and operational efficiency, focusing on creating a differentiated delivery experience for e-commerce brands [8][9] - The company is investing in advanced technology to allow consumers to control delivery instructions and timing, similar to capabilities offered by Amazon [11][12] - Veho has expanded its geographic reach significantly this year, including markets in Southern California, New York City, and several others [7] Industry Trends - Non-traditional last-mile delivery companies are expanding their networks and capabilities amid a competitive landscape where demand has flattened and excess capacity exists [7] - Companies are leveraging gig drivers and self-developed apps to offer lower shipping rates compared to FedEx and UPS, while also enhancing shipment management technology [6] - The market is witnessing a shift as large retailers and independent carriers increasingly capture market share from traditional delivery services [6]