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, 2019Amazon News Updates
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, 2019Amazon 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, 2019FedEx 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, 2019Amazon Poised to Test Drone Deliveries Powered by Artificial Intelligence
Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months.
June 6, 2019Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal
The mall is now a warehouse, and Blackstone Group is betting $18.7 billion on the shift. That’s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon and other retailers to fulfill orders from online shoppers.
June 3, 2019Amazon Poised to Unleash Purge of Small Suppliers, Sources Say
Two months ago, Amazon halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products.
May 28, 2019Approval of Amazon Air Cargo Complex in Lakeland, Fla., Gets Mixed Reception
City commissioners are excited to sign a deal with Amazon to build an air cargo facility at Lakeland’s airport. Residents were less enthusiastic.
May 21, 2019Infrastructure Week Encore: Trump, Democrats to Discuss Funding May 22
President Donald Trump and congressional Democrats agreed on April 30 to proceed with a $2 trillion infrastructure package, yet, they haven’t announced how to pay for the measure. That may change when they meet May 22 to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.
May 20, 2019Amazon Proposes Airfreight Hub in Florida
LAKELAND, Fla. — Amazon is looking to make a more than $100 million investment in Lakeland.
May 17, 2019Trending
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