Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.
April 21, 2022BusinessLogisticsFor-HirePrivateTCA
Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat
Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.
April 14, 2022BusinessLogisticsTCA
Air Cargo Becoming a More Feasible Freight Alternative
Manufacturers, retailers and seafood distributors have increasingly turned to air cargo planes to transport products — a more expensive, but faster and more reliable alternative to longhaul trucks, trains and ocean vessels often bogged down by current supply chain problems.
April 14, 2022BusinessSafetyLogisticsPrivate
Amazon CEO Jassy Wants to Improve Warehouse Safety
In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.
April 14, 2022BusinessTechnologyFuel
Amazon Adds 5% Fuel, Inflation Surcharge for Sellers
Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.
April 13, 2022BusinessTechnologyPrivate
Amazon Kicks Off Jumbo 7-Part Bond Sale
Amazon.com Inc. is offering investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.
April 11, 2022BusinessLogistics
Amazon Plans to Object to Union Win in New York
Amazon plans to file objections to the union election on Staten Island, N.Y., that resulted in the first successful U.S. organizing effort in the company’s history.
April 8, 2022BusinessTop 100
Amazon Workers in NYC Vote to Unionize, a First for Company
NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.
April 1, 2022BusinessTechnology
Tesla, Amazon Stock Splits Trigger Retail Stampede
Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.
March 29, 2022BusinessLogisticsTop 100
Amazon Stock Rally Erases Losses for the Year
Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.
March 28, 2022