Amazon News Updates

Business, Logistics, Top 100

FedEx’s Q2 Earnings Tumble, Even More Than Wall Street Expected

FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.

December 17, 2019
Business, Logistics

Dave Clark: The Man Who Built Amazon’s Delivery Machine

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

December 17, 2019
Business, Logistics

Where’s My Amazon Package? It May Be Late

NEW YORK — It’s just a week into the holiday shopping season, and Amazon already  is having trouble getting packages to shoppers’ doorsteps on time.

December 6, 2019
Business, Technology, Autonomous

Amazon Plans to Open Cashierless Supermarkets Next Year

Amazon.com is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions that includes the possibility of licensing the technology to other retailers.

November 20, 2019
Business, Logistics

Amazon Accused of Forcing Up Prices in Antitrust Complaint

In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.

November 8, 2019
Business, Technology, Logistics

Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed

Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.

October 29, 2019
Business, Technology, Logistics

Walmart Subsidizing Some Vendors in Price War With Amazon

Hold on to your smartphone — the holiday price wars between Walmart Inc. and Amazon.com Inc. are heating up.

October 15, 2019

Amazon Expands Two-Hour Whole Foods Delivery

Ever since Amazon.com bought Whole Foods in 2017 for $13.7 billion, shoppers and investors have wondered how the e-commerce giant would integrate the upscale grocer into its sprawling online operation. Now, after two years of tinkering, Amazon is betting big on quick delivery from Whole Foods.

September 20, 2019
Business, Technology

Amazon Heeds Calls for Environmental Action

Amazon.com contributed more greenhouse gas emissions last year than some big competitors in retail, logistics and technology, but less than rival Walmart Inc. and the world’s biggest energy companies, highlighting the growing scale and diverse businesses of the conglomerate.

September 20, 2019
Business, Technology, Fuel, Logistics

Amazon Plans 100,000-Electric-Vehicle Order From Rivian

Amazon will buy 100,000 electric vans to assist with Prime deliveries, according to CEO Jeff Bezos, who made the announcement at the National Press Club in Washington on Sept. 19.

September 19, 2019