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Amazon’s Jassy: AI Will Reduce Company’s Corporate Workforce

Amazon.com CEO Andy Jassy says he expects the company’s workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.

June 17, 2025

Amazon Issues Backdated Refunds in Policy Review

Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.

May 21, 2025

FedEx Names CEO, Chairman for Spun-Off Freight Unit

The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.

May 20, 2025

Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay

Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13.

May 13, 2025

Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs

Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.

May 1, 2025

Schneider Reports Revenue and Earnings Growth in Q1

Schneider reported year-over-year increases in revenue and earnings during the first quarter of 2025, the company said May 1.

May 1, 2025

Amazon Plans Dozens of US Warehouses in Rural Expansion

Amazon.com plans to build dozens of warehouses to serve rural areas in the U.S. before the end of next year, growing its footprint as the company works to rely less on other carriers.

April 30, 2025

XPO Increases Earnings Off Lower Revenue for Q1

XPO Inc. increased earnings 3% despite a year-over-year decline in revenue during the first quarter of 2025, the company reported April 30.

April 30, 2025

UPS in Talks With Startup Figure AI to Use Humanoid Robots

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.

April 28, 2025