UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.
April 29, 2025Search
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Hydrogen Maker Plug Power Makes $525 Million Debt Deal
Plug Power announced a $525 million secured debt facility, and said it completed construction of a hydrogen production plant in Louisiana.
April 28, 2025Trump’s Tariffs Set to Unleash Supply Chain Jolt on Economy
Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.
April 28, 2025US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links
President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.
April 22, 2025Trump Trade War Sparks Run on US Warehouses
U.S. importers looking to sidestep Trump administration tariffs are seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.
April 16, 2025Amazon Equips Some Drivers in Europe With Defibrillators
Amazon.com Inc. equipped some delivery vans in Europe with defibrillators to see if drivers crisscrossing residential areas could speed up aid to heart attack victims.
April 10, 2025Amazon Warehouse Workers Reject Union Bid in North Carolina
Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.
February 18, 2025Amazon Workers Seek $30 an Hour in North Carolina
Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.
February 11, 2025Rivian Broadens Sales of Van Once Exclusive to Amazon
Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.
February 10, 2025Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
February 7, 2025