Amazon News Updates

Business, Technology

Amazon Back on Cusp of $1 Trillion Value After 7-Day Streak

Amazon.com Inc. is flirting with a $1 trillion valuation again after posting its longest winning streak since briefly surpassing that level in September.

July 11, 2019
Business, Logistics

Two Years After Amazon Deal, Whole Foods Is Just $10 Cheaper

Amazon.com’s $13.7 billion purchase of Whole Foods Market spawned endless speculation about how the internet giant would change the upscale grocer. Two years later, we’ve got an answer: Ten bucks.

July 10, 2019
Business, Logistics

Amazon Workers Plan Prime Day Strike at a Minnesota Warehouse

Amazon.com Inc. warehouse workers in Minnesota plan to strike during the online retailer’s summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year.

July 8, 2019
Government, Business, Logistics

In Court Filing, Prime Inc. Says Amazon’s Use of ā€˜Prime’ Causes Confusion

Prime Inc. says Amazon’s display of ā€œPrimeā€ on its shipping vehicles creates a likelihood of confusion with Prime Inc.'sĀ trucking business, a July 2 complaint in the Western District of Missouri says.

July 3, 2019
Business, Safety, Logistics, TCA

Amazon Adds Planes to Shipping Fleet to Speed Up Prime Deliveries

Amazon.com is adding 15 aircraft to its shipping fleet in an effort to speed up delivery to customers’ doors.

June 19, 2019
Government, Business, Safety, Fuel

Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency

Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.

June 17, 2019
Business, Technology, Logistics, TCA

Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector

Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.

June 17, 2019

Researcher Lowers Estimate for Amazon’s Share of E-Commerce Market

EMarketer Inc., among the most widely cited sources for estimates of U.S. online retail sales, now says it expects Amazon to account for 37.7% of online commerce this year, down from a prior estimate of 47%.

June 13, 2019
Business, Technology, Autonomous

Amazon Pitches a Fantastic Tech Future — and Itself

Last week, Amazon.com held its first conference devoted to the technological frontiers of artificial intelligence, machine learning, robotics and space exploration. The message: The future is good, and so is Amazon’s role in it.

June 10, 2019
Business, Logistics, Top 100

FedEx Won’t Renew Amazon’s US Air-Delivery Contracts

FedEx Corp. said June 7 it wouldn’t renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.

June 7, 2019