NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
April 30, 2024Search
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DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
April 29, 2024Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
April 25, 2024Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
April 25, 2024Amazon Prime Memberships in US Gain 8% to New High
Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.
April 16, 2024Amazon Becomes the Largest US Private EV Charging Operator
Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.
April 15, 2024Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
April 10, 2024Baltimore Bridge Collapses After Cargo Ship Rams Into It
BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.
March 26, 2024Hapag-Lloyd Warns of Further Earnings Decline in 2024
Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024.
March 14, 2024Norfolk Southern Urges Shareholders to Reject Takeover Plan
OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.
February 27, 2024