Latest News Updates From Spencer Soper

BusinessLogistics

Amazon Looks to Use More Contractors for Grocery Delivery

Amazon .com Inc. is experimenting with a new program that pays independent contractors to fetch groceries from shelves in Whole Foods stores and deliver them in their own vehicles.

September 15, 2020
BusinessTechnologyLogistics

Amazon Plows Through Pandemic With Record Profit

Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.

July 31, 2020
Business

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.

June 5, 2020
BusinessLogistics

Amazon Prime Air Could Surge to 200 Jets From 42, Study Says

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

May 26, 2020
BusinessSafetyLogistics

Amazon Says Deliveries Returning to Normal After COVID-19 Crush

Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.

May 13, 2020
Business

Amazon Merchants Spooked by Coronavirus Fallout Curtail Ad Spending

Amazon merchants are shifting sales tactics in the face of shortages caused by effects of the coronavirus.

February 26, 2020
BusinessLogistics

Dave Clark: The Man Who Built Amazon’s Delivery Machine

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

December 17, 2019
BusinessLogisticsTop 100

Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

December 16, 2019
Business

Cyber Monday Spending Climbs 20% to Record $9.4 Billion

U.S. shoppers spent $9.4 billion online on Cyber Monday — up almost 20% from a year ago and a record — boosting an already robust holiday shopping season.

December 4, 2019
BusinessLogistics

Amazon Accused of Forcing Up Prices in Antitrust Complaint

In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.

November 8, 2019