Amazon News Updates

Business, Logistics, Top 100

Amazon-FedEx Split Sets Battle Lines in E-Commerce Delivery Feud

FedEx Corp.鈥檚 retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.

August 8, 2019
Business, Logistics, Breaking News, Top 100

FedEx Ends Ground-Delivery Deal With Amazon

FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.

August 7, 2019
Business, Technology, Equipment, Autonomous

Scout, Amazon鈥檚 Self-Driving Delivery Robot, Heads to California

Amazon said Aug. 6 that its six-wheeled self-driving robots, about the size of a smaller cooler, will begin delivering packages to customers in Irvine, Calif., after testing them in a suburb of Seattle earlier this year.

August 6, 2019
Business, Logistics

Amazon Loses 鈥楲ast Bear鈥 Among Stock Analysts

Amazon.com鈥檚 last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a 鈥渟ell鈥 rating on the company鈥檚 shares. In a note to clients July 30, he upgraded the retail and technology giant to 鈥渉old.鈥

August 2, 2019
Government, Business, Logistics

FBI: Amazon Drivers Part of Major Theft Ring

SEATTLE 鈥 A theft ring in Washington state sold millions of dollars鈥 worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show.

August 1, 2019
Government, Business

EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers

EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.

August 1, 2019
Government, Business, Logistics

Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon

A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.

July 31, 2019
Business, Logistics

Amazon鈥檚 Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com鈥檚 results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Business, Technology

Amazon Results to Show Extent of Sales Boost From 1-Day Shipping

The effects of Amazon.com鈥檚 one-day shipping push on profitability and sales will be watched closely when the e-commerce giant reports earnings July 25.

July 25, 2019
Business, Logistics

Amazon Eyes Large Warehouse Spot at Brooklyn鈥檚 Industry City

Amazon.com Inc. is in talks to rent space at Brooklyn鈥檚 Industry City for a new logistics facility, according to a person with knowledge of the matter.

July 24, 2019