Retailers are expecting a record number of holiday shoppers on Thanksgiving weekend placing parcel delivery companies in the spotlight to meet consumers' holiday expectations.

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Explosive e-commerce growth during the pandemic coupled with last-mile deliveries has made it necessary for fleet managers to turn to companies like Penske Truck Rental for additional equipment.

Penske, which has one of the largest rental fleets in North America, works with parcel delivery companies throughout the year to anticipate rental truck needs heading into the holiday season.

"We meet with our providers and vendors in the first quarter of the year to evaluate the previous year. And then, we meet several times throughout the year to discuss preparations for the upcoming holiday package season. We have a great working relationship with the delivery companies and value our partnership." said Jeff Werner, director of commercial rental sales for Penske Truck Rental.

Chances are during peak holiday delivery periods a Penske rental truck will be there to help your favorite parcel company deliver during the holidays.

Holiday Shopping List

The National Retail Federation (NRF) predicts holiday sales in November and December will increase to between $843.3 billion and $859 billion, an increase over 2020. Consumers are expected to spend an average of $997.73 during the holidays.

The holiday shopping period – Thanksgiving Day through Cyber Monday – will feature nearly 2 million more shoppers than last year, according to the results of a survey by the NRF and Prosper Insights & Analytics.

"We're expecting another record-breaking holiday season this year, and Thanksgiving weekend will play a major role as it always has," said Matthew Shay NRF president and CEO.

Two-thirds of holiday shoppers surveyed plan to shop on Thanksgiving weekend, with more than 30 million planning to shop in-store or online on Thanksgiving Day.

Black Friday remains the most popular shopping day with 108 million consumers planning to make purchases followed by Cyber Monday and Small Business Saturday.

Meeting the Need

In previous years, late October and November have been months when rental truck requests from parcel carriers and others would start to increase. This year, the increase has occurred much sooner.

"Customers are purchasing items earlier to ensure they have them for the holiday season, which is causing the delivery companies to pick-up the trucks earlier than in past years. This will also ensure they have the necessary equipment for the last-minute holiday rush."

In addition to parcel delivery companies, Penske also supports the needs of small and medium-sized businesses that experience similar spikes in holiday demand.

"There are businesses (large and small), that are in need of extra equipment over the holiday season." Werner said. "With Penske's large fleet, we are able to work with the customers to provide equipment."

Penske draws on years of holiday rental demand experience to balance the needs of large parcel carriers and regional and local businesses. "Our teams are working hard to ensure there is equipment available for every type of business," Werner said.

While the holiday shopping season is in full swing, Werner advises businesses seeking rental trucks to act now.

"We constantly have new trucks coming in and customers returning trucks, so there is constantly an inventory turn around," Werner said. "Our teams do a great job of positioning equipment to take care of all of our customers."

Preparation is key.

"Customers need to plan ahead and give us a call at the earliest time they think they will need equipment," Werner said.

Penske offers a wide variety of rental trucks from large commercial semi-tractors and trailers to small box trucks. Penske encourages retailers and businesses to make reservations by calling its hotline for business rentals, 1-800-PENSKE1.

By Bernie Mixon

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CoinAgenda (www.coinagenda.com), the premier global conference series connecting blockchain and cryptocurrency investors with startups since 2014, and BitAngels, the leading network of bitcoin and blockchain investors, today announced the fifth annual CoinAgenda Caribbean event to be held at the Miramar Events Center in San Juan, Puerto Rico on December 7-9, 2021. Tickets and agenda are available on the event page.

The three day event will include topics around: the Future of Digital assets, Crypto Banking, the Growing Utility of NFTs, Play-to-Earn Gaming, the DeFi and TradFi relationship, Latin America and Crypto, Stablecoins, Scaling Solutions, Blockchain Companies in Public Markets, Creating a Clean Crypto Future, Smart Cities, Crypto Investing Strategies, and Structuring to Protect Assets.

Confirmed speakers include:

• Brad Garlinghouse, CEO at Ripple

• Dan Morehead, CEO at Pantera Capital

• Brittany Kaiser, Executive Chair at Gryphon Digital Mining

• Michael Wagner, Co-Founder & CEO of Star Atlas 

• Robert Viglione, Co-founder & CEO of Horizen Labs

• Brock Pierce, Chairman of Bitcoin Foundation

• Bill Barhydt, Founder & CEO of ABRA

• Edward Boyle, CEO of Medici Bank

• Miles Paschini, CEO of FV Bank

• David Johnston, COO at DLTx

• James Haft, Chairman at DLTx

• Jason Cooner, President & CEO at SDG Exchange

• Dean Thomas, Global Head of Institutional Capital at Polygon

• Michael Terpin, Founder and CEO of Transform Group and CoinAgenda

• Austin Davis, Co-Founder of CommunityElectricity.io

• Erika Zapanta, Global Director of Events at Transform Group

• Irina Litchfield, Partner at Percival Capital; BitAngels City Leader Austin

• Adryenn Ashley, NFT Community Designer at Wow! Is Me, Inc.

• Justin Litchfield, CEO of Quantum Machines

• Warren Whitlock, CEO of Stirling Corp; Advisor of BitAngels

• Mario Nawfal, CEO of NFT Technologies

• Matt McKibbin, Founder of DecentraNet

• Emma Rose Bienvenu, Chief of Staff at Pantera Capital

• Brian Santos, COO at Fly Air

• Ben Sigman, CEO of Make Sense Labs

• Sean Walsh, Founder of Redwood City Ventures

• Dr. Steven Waterhouse, CEO of Orchid Labs

• Alex Nascimento, Co-founder of Blockchain at UCLA

• David Namdar, Co-founder of NFT.com

• Joel Comm, Co-Host of Bad Crypto Podcast

• Travis Wright, Co-Host of Bad Crypto Podcast

• Brian Bourgerie, InvestPR

• Joey Krug, Co-CIO at Pantera Capital

• Bryan Bullett, CEO of Bit Digital Inc.

• Liat Aaronson, COO at Horizen Labs

• Jeff Crane, CEO and Exec Producer of NFT the Movie

The conference will also feature a startup contest (in collaboration with BitAngels) where a mix of angel and VC investments (as well as tokens trading on exchanges) will pitch in a Demo Day environment to judges and the CoinAgenda audience of investors and entrepreneurs. Judges may consist of crypto funds, family offices, VCs and strategic partners. Upon completion of the presentations, three winners will be announced and 1st place will walk away with a marketing package (valued up to $10,000).

In addition, all presenters will receive a recording of their presentation, have access to the full CoinAgenda event and parties and most importantly have their decks sent to a select group of investors unable to make the event in-person, but have expressed their interest in allocating capital into new deals within the next year. To apply to pitch and inquire about the presenter fee, email contact@coinagenda.com by November 30.

This cryptocurrency investor conference will conclude each day with an all-inclusive, high-end party where speakers, sponsors and attendees can mingle at some of the most memorable venues in the city. CoinAgenda's main party, known as the “Legendary Dinner” will be held at the Conservatorio de Música de Puerto Rico, with four courses of delicious local fare, drinks, and live musical entertainment under the night sky.

“This year has been one of incredible growth in the sector, we've even seen the cryptocurrency market hit $3 trillion for the first time,” said Erika Zapanta, Global Director of Events for CoinAgenda. “We are excited to return to the growing blockchain hub of Puerto Rico to discuss the mainstreaming of digital asset investing.”

Confirmed event sponsors include:

• DLTx - DLTx is a public company listed on the Norwegian Oslo Børs Stock Exchange and is the enterprise vendor for DAOs and blockchain protocols that offers unique access to the public blockchain markets & well-priced access to funding. DLTx has developed a novel way for investors to access compelling and predictable economic returns based on the changes created by the decentralization & disruption of major global industries.

• Transform Group - Transform Group is the world's leading blockchain public relations, advisory, events and social media company, with offices in New York, Los Angeles, San Francisco, Las Vegas, Toronto and global headquarters in San Juan, Puerto Rico. Transform Group is dedicated to creating and sustaining industry leadership positions for its clients through superior strategy, relationships, market intelligence and consistent execution.

• Rair Tech - RAIR is a blockchain-based digital rights management platform that uses NFTs to get access to streaming content.

• Raiinmaker - Raiinmaker is a blockchain-based social engagement platform where creators and brands grow, incentivize and reward fans to build community, together.

• Blockchain Wire - Blockchain Wire is the industry's first blockchain press release distribution service focused exclusively on news about blockchain, distributed ledger technology companies, ICOs, STOs and other blockchain and cryptocurrency-related announcements. Our global reach includes broadcast and online media outlets, social media sites, industry trade publications, leading blogs and blockchain industry influencers.

For more information regarding CoinAgenda, please visit  www.coinagenda.com. 

To purchase tickets for CoinAgenda Caribbean, visit the event page: https://coinagenda.com/coinagenda-caribbean-2021/. 

For the CoinAgenda Caribbean schedule, visit https://coinagenda.com/coinagenda-caribbean-2021-schedule/.  

To learn more about Puerto Rico Blockchain Week, visit www.prblockchainweek.io.

Connect with CoinAgenda: 

Twitter  Facebook  Telegram

ABOUT COINAGENDA

Now in its eighth year, CoinAgenda is the leading global conference series connecting professional investors, traders, family offices and digital currency funds with top entrepreneurs in the blockchain and cryptocurrency sectors. CoinAgenda Caribbean focuses on international blockchain investing trends, with world-class speakers from around the globe, plus a special focus on blockchain economic development, friendly jurisdictions, the rise of security tokens, enterprise applications, and changes in digital currency funding vehicles and digital currency exchanges. CoinAgenda is an experience that allows all attendees to meet, mingle, and get to know the leading thought leaders, entrepreneurs and investors in the sector, including memorable parties at unique locations. 

This is an update of a previously published blog on warehouse change management. With the explosion of technology on the warehouse floor and the increasing use of robots and other warehouse automation, work processes are changing. To achieve the service and cost benefits you expect from technology investments, associates must embrace new ways of working. But how do you get them to do that?

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