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Management Buyout Rumor Boosts ZIM

Israeli shipping company ZIM Integrated Shipping Services last week posted a rise in its stock price after Street Insider cited a source saying that the CEO was considering a management buyout.

March 10, 2025

DHL Subsidiary to Cut 8,000 Jobs in Germany

German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.

March 6, 2025

Amazon Warehouse Workers Reject Union Bid in North Carolina

Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.

February 18, 2025

Amazon 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, 2025

Rivian 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, 2025

Trump Maintains Duty-Free Exception on Chinese Goods

President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until adequate systems are in place to fully and expediently process and collect tariff revenue.

February 7, 2025

Amazon 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

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.

February 6, 2025

US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said its accepting all international inbound mail and packages from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025