Latest news with #DCL
Business Wire
2 days ago
- Business
- Business Wire
DCL Logistics Launches SelectShip, an AI-Powered Shipping Engine Built for Peak Season Performance and Beyond
SAN FRANCISCO--(BUSINESS WIRE)-- DCL Logistics, a leading fulfillment partner for modern ecommerce brands, today announced the launch of SelectShip, an AI-powered shipping engine already being used by brands like Canopy, Cure Hydration, and NuFace to automate parcel decisions, reduce unforeseen delivery costs, and use real-time shipping market data to meet rising customer expectations without adding operational overhead. Brands are locking in logistics strategies for Q4, a season where fulfillment execution can make or break revenue. This year, a perfect storm of tariff uncertainty, rising supply chain costs, and heightened consumer expectations has put parcel operations under pressure. Most ecommerce teams are using static, outdated logic to manage a dynamic industry of fragmented carrier networks, volatile fees, and thinner margins than ever before—without the infrastructure to adapt in real time. DCL Logistics built SelectShip in response to the rising complexity of parcel delivery and the growing pressure on fulfillment teams to do more with less. The fully managed, AI-powered system automates thousands of shipping decisions in real time, optimizing for speed, cost, and reliability for each order. Embedded within DCL's fulfillment platform, SelectShip requires no new tools, dashboards, or configuration from the customer. 'Parcel delivery has become one of the most visible and unforgiving parts of the ecommerce experience,' said Dave Tu, President of DCL Logistics. 'SelectShip reflects our belief that fulfillment partners shouldn't just provide software. They should own the systems and execution that brands can rely on. This is not another tool. It's an intelligent system, fully operated by our team, that turns shipping from a liability into a competitive edge.' Already in Market, Already Delivering SelectShip is already live with leading ecommerce brands and delivering measurable improvements across cost, speed, and customer experience. Built to operate behind the scenes, the platform enables fast, intelligent shipping decisions without adding operational overhead. Operational Results to Date: Shipping costs have decreased by 12 to 19% on average Transit times from two key facilities improved from 3.1 to 2.3 days using standard shipping One-third of orders are now arriving next day Delivery area surcharges have been avoided in over 95% of cases 55 to 60% of shipments include photo proof of delivery for added transparency 'DCL is taking a forward-thinking approach by embedding real-time shipping intelligence directly into their fulfillment operations,' said Jason Murray, CEO and Co-Founder at Shipium. 'SelectShip reflects what modern logistics infrastructure should look like. Brands get adaptive, AI-powered performance without the overhead of managing rules, carriers, or disconnected tools.' Built to Operate, Not Just Inform Most 3PLs rely on outdated systems with static logic that only take into account a few of many thousands of critical shipping variables. DCL takes a different approach. SelectShip is a dynamic tool that leverages machine learning to evaluate thousands of critical variables in real time, ensuring every package is automatically optimized for speed, reliability and cost. It's fully managed and embedded within DCL's fulfillment stack, with routing intelligence powered by Shipium and execution handled entirely by DCL's transportation team. Core Features Include: AI-optimized routing based on real-time data across billions of network data points Automated carrier and service selection for every order at the time of manifest Built-in compliance and label validation safeguards Calculates for the all-in cost, not just the base rate – including all extra fees like fuel, surcharges and more Transparent invoicing that eliminates surprise fees Fast onboarding, with most brands live in under three weeks Seamless integration with DCL's eFactory platform, no extra tools required SelectShip builds on DCL's commitment to owning fulfillment end-to-end. It delivers intelligent, embedded infrastructure that adapts to each order in real time, without requiring customer-side complexity. This launch marks a broader shift in how DCL supports growth-stage brands: by turning shipping into a system, not a set of decisions. To learn more about SelectShip and how it integrates with DCL's fulfillment services, visit: About DCL Logistics DCL Logistics is a modern third-party logistics (3PL) provider that combines operational expertise with a technology-forward approach. For over 40 years, DCL has helped high-growth brands scale by delivering fast, flexible fulfillment solutions backed by high-touch customer service. Learn more at About Shipium Shipium is an end-to-end shipping platform that helps modern operators improve speed and reliability while reducing cost. Built by the team behind Amazon's shipping stack, Shipium brings enterprise-grade delivery performance through an API-first platform. Learn more at
Mint
4 days ago
- Business
- Mint
For retail investors, unlisted shares may prove to be a dangerous gamble
Recent months have seen a rush for the unlisted shares of the National Stock Exchange of India (NSE) among retail investors, causing a more than fourfold surge in the number of such shareholders at India's largest bourse. The count has jumped from 33,896 as of 31 March 2024 to 146,208 as of 30 June this year. But it's not just the NSE. Tata Capital, the Metropolitan Stock Exchange and the National Commodity and Derivatives Exchange are among the companies that have seen investor appetite for their unlisted shares grow. However, investing in unlisted shares is not as straightforward as buying and selling listed stocks. The intermediaries include dealers working offline and online platforms. While investors hope to exit with large gains when such companies eventually list, the unlisted space is also fraught with risks. Here is a look at how investors can deal in unlisted shares. How it works To invest in unlisted shares, you must have a demat account to get the securities credited after the transfer. Platforms or dealers collect these stocks from a mix of shareholders—employees owning the company shares, early-stage investors looking for exit or, in some cases, from the promoters themselves. The process starts with identifying a credible digital platform or an offline dealer. Once an investor selects a stock to buy, the dealer will ask for documents such as PAN, Aadhaar, client market list (CML) and a cancelled cheque of your bank account. CML contains all the details of your demat account and can be procured from the broking platform that holds the account. You then need to sign the deal confirmation letter (DCL) or an agreement with the dealer. The investor then has to transfer funds to the platform of the dealer buying shares. Once the platform receives the shares in its demat account, those are transferred to the investor's demat account. To ensure there is no lag in this process, the platform will also add the investor's demat account to the list of beneficiaries. 'Registering a new beneficiary and activation also takes 24 hours. So, initiating that process simultaneously reduces the lag time for the investors," said a dealer, requesting anonymity. Pricing problem While retail investors may expect to make a quick gain once the unlisted company launches its initial public offering (IPO) and gets listed, they need to be wary of several risks. 'The prices of unlisted shares may not always be a fair picture of the underlying valuation of the company. As the supply of unlisted shares is limited, irrational investor demand can easily move up the prices. Similarly, these prices can see a sudden collapse," said Vijay Kuppa, chief executive officer of InCred Money. 'However, this mismatch between the prices and underlying valuation is not unique to the unlisted market. It is quite common in the listed space as well." Sidhoji Sawant, who is an insights provider on unlisted shares, said this market 'operates in a price vacuum, where volatility thrives and transparency is scarce". 'Without robust research and clear price discovery, investors are often left navigating blind." Investors should also avoid dealers or platforms that require long lag times to settle the trade. 'Investors should opt for platforms that can settle the trade in a short frame of time. Prefer platforms or dealers that offer a settlement period of not more than T+3 or T+5," said the dealer quoted above. If the intermediary needs longer to source the shares and credit to an investor's account and prices change in the interim period, the original seller could back out. 'It is not uncommon for a seller to back out if the price of the unlisted share rises suddenly before the trade is finally settled," the dealer said. Other risks and costs 'The other point to remember is that unlike listed companies, which are bound by regular disclosure requirements on exchanges, unlisted companies have no such requirements. So, for investors, there is no clarity on the fundamentals of the company, whether it is improving or deteriorating," Kuppa said. The unlisted market is not regulated by the Securities and Exchange Board of India (Sebi), so it is important to pick a credible dealer or platform to avoid the risk of default by a broker. Since it's not an exchange-settled trade, it is important that investors work with reputed names to mitigate counterparty risk. As far as commissions are concerned, buyers may be charged hidden costs via markups. The platforms also charge commissions from sellers for providing liquidity to exit these shares. Taxation If the stock is sold after two years of holding, the capital gains are treated as long-term capital gains—taxed at 12.5%. If the unlisted shares are sold within two years, the appreciation in their price is treated as short-term capital gains, and the investors are taxed at their slab rate. However, if the stock is sold after the company's IPO, the tax treatment changes to that of a listed share. The holding period is still calculated from the original purchase, but long-term rates apply after a one-year holding period. For less than a year, the short-term capital gains tax rate of 20% is applicable, as is the case for listed stocks. Not for everyone Experts advise retail investors avoid unlisted markets despite their increasing popularity in recent months. The lack of disclosures makes it difficult to keep track of an unlisted company's performance. Making a quick return in an IPO is also not straightforward as there is a six-month lock-in after going public, which many retail investors may not be aware of. 'Unlisted shares do not have a mechanism to be valued appropriately and are also not regulated by Sebi. There have also been multiple instances where the IPO price has been significantly lower than the price of the unlisted securities," said Vishal Dhawan, founder of Plan Ahead Wealth Advisors. 'Additionally, investors may not be aware of the risk of the delay in the company going public as well as the lock-ins post IPO," he said. 'For retail investors with limited resources, assessing the fundamentals of an unlisted company can be a challenge. Investors are therefore better off investing in listed businesses where regulations and liquidity are superior."
Time of India
20-07-2025
- Business
- Time of India
One Big Beautiful Bill: A bold reset or another layer of complexity?
New student loan rules and funding changes begin under Trump's OBBB. (AI Image) The US Department of Education has announced the immediate implementation of higher education provisions within the One Big Beautiful Bill Act (OBBB). The move follows the signing of the legislation into law by President Trump, delivering wide-ranging changes aimed at federal student aid programs and student loan repayment systems. On July 18, 2025, the Department released a Dear Colleague Letter (DCL) to provide initial guidance to higher education institutions and Federal Student Aid (FSA) partners. The DCL outlines near-term regulatory changes and marks the first phase of the OBBB implementation process. Major changes to student loan repayment The OBBB introduces major updates to income-based repayment (IBR) plans, offering a more streamlined approach for borrowers. The reforms target simplification of loan repayment systems, including new repayment options for parent borrowers and revised loan limits for part-time students. The bill addresses regulations from the previous administration, including those related to borrower defence to repayment and closed school discharge policies. These changes affect how borrowers can seek relief from student loan obligations in cases of institutional misconduct or closure. Pell Grant funding and vocational training expansion One of the core provisions of the OBBB is the allocation of funds to cover a $10.5 billion shortfall in the Pell Grant programme. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 3 Casino Games in Sheffield Lounge 777 Play Game Undo This funding aims to stabilise the program, ensuring continued support for low-income students. Additionally, the bill establishes a new Workforce Pell Grant programme, intended to expand access to short-term, career-focused training. These programmes are designed to prepare students for high-demand job sectors and are expected to launch next year as part of a phased implementation. Eliminating aid to underperforming institutions The OBBB includes new accountability measures for higher education institutions. Under the new law, colleges that offer programmes leaving students worse off financially than before enrolment will lose access to federal student loan funding. This provision is intended to ensure that only institutions providing clear economic value to students will remain eligible for federal aid. The Department of Education has stated that additional guidance and regulatory updates will be issued as these measures are developed further. Next steps in implementation While several provisions take immediate effect, others—including the full rollout of the new Repayment Assistance Plan and the Workforce Pell Grant programme—will become effective in the following year. The Department of Education has indicated that further updates will be provided in future guidance documents and through formal regulatory processes. Acting Under Secretary James Bergeron described the announcement as the first step in advancing the President's vision for postsecondary education and workforce development. The Department will continue working with stakeholders as the broader implementation of the OBBB unfolds over the coming years. TOI Education is on WhatsApp now. Follow us here . Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
Yahoo
11-07-2025
- Business
- Yahoo
Trane Technologies Debuts First US Dynamic Closed Loop Geothermal System in Chicago School District
Trane Technologies (NYSE:TT) is one of the best manufacturing stocks to buy according to hedge funds. On June 30, Trane, which is a brand of Trane Technologies, announced the implementation of the first Dynamic Closed Loop/DCL geothermal system in the US. This innovative system was installed at North Shore School District 112, which is located in the northern suburbs of Chicago, marking a step towards sustainable and efficient energy solutions for K-12 educational institutions. The North Shore School District 112 faces aging infrastructure and committed to environmental stewardship, and therefore partnered with Trane to explore geothermal energy. A worker inspecting a newly installed heating unit in a modern home. DCL technology uses the superior heat transfer properties of flowing water, which requires less physical space, making it ideal for suburban school settings. This space-saving minimizes environmental disruption as well. Trane Technologies (NYSE:TT) designs, manufactures, sells, and services solutions for heating, ventilation, air conditioning, and custom & transport refrigeration. While we acknowledge the potential of TT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
01-07-2025
- Yahoo
Child fell overboard on Disney Cruise: How girl fell off ship, what are safety precautions?
A potential Disney Cruise Line tragedy turned into a heroic adventure after a child went overboard June 29. Eyewitness accounts claim a girl fell off the fourth level of the cruise ship and saw her dad jump in after the child. The rescue team was able to save both people port side, or the left side of the ship. What kind of safety precautions does Disney Cruise Line have in effect? Here's what we know: A Facebook post by Kevin Furuta stated: "On the last day of our Dream voyage and it is an at Sea Day. A girl fell overboard from the 4th deck & her dad went in after her. Right after the incident we heard on the loud speaker MOB Port side!! Thankfully, the DCL rescue team was on it immediately and both were saved!" A Disney Cruise Line spokesperson confirmed the incident to USA Today: "The Crew aboard the Disney Dream swiftly rescued two guests from the water. We commend our Crew Members for their exceptional skills and prompt actions, which ensured the safe return of both guests to the ship within minutes. We are committed to the safety and well-being of our guests, and this incident highlights the effectiveness of our safety protocols." The Disney Dream was returning to Fort Lauderdale from a four-night Bahamian trip, including a stop at Disney's Lookout Cay at Lighthouse Point. As first reported by The Street, emergency code 'Mr. M.O.B.' (man overboard) hit the ship's intercom. As of Monday morning, June 30, it remained unclear how the child fell overboard off the Disney Cruise Line ship. Disney Cruise Line has several safety precautions in place to prevent people from falling overboard. Here's what we know from and All guests are required to participate in a pre-departure assembly drill to comply with U.S. Coast Guard and international safety regulations. The ship has plexiglass safety barriers. Railings are 42 inches or more to help prevent falls. There is 24/7 security and surveillance. Strict check-in and check-out policies help keep children from wandering alone. Lifeguards supervise all pools. Ships are equipped with overboard detection systems designed to alert the ship's crew to overboard incidents. For more on Disney Cruise Line safety precautions, visit Chris Sims is a digital producer at IndyStar. Follow him on Twitter: @ChrisFSims. This article originally appeared on Oklahoman: Disney Cruise child overboard: Why did girl fall off ship?
