Amazon’s van-buying spree is bringing in holiday joy to the automotive industry. A boon to automakers, the e-commerce leader’s push for home-delivery has boosted van sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amazon announced on Thursday (Dec. 19) it expects to deliver 3.5 billion customer packages worldwide this year through its delivery network and expects to deliver an additional 200 million parcels before the end of the year. Get the Full Story Complete the form to unlock...
Amazon, in its bid to take more control over its own shipping and logistics, has contracted Sun Country Airlines to fly a fleet of 10 Boeing 737-800 freighters in Q2 of the year, according to a report by CNBC. Get the Full Story Complete the...
Amid the Christmas shipping frenzy, Amazon told sellers that they can no longer use FedEx Ground for Prime shipments due to unpredictable service, the Wall Street Journal reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A German labor union for two Amazon logistics centers is calling for a strike ahead of Christmas demanding higher pay, Reuters reported on Sunday (Dec. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Morgan Stanley has released a report stating that Amazon is already delivering in the neighborhood of half of all its own packages, and that it will soon surpass FedEx and United Parcel Service (UPS) in terms of volume, according to a report by CNBC. Get...
Consulting firm ShipMatrix has said Amazon’s on-time delivery rates have been untimely, but the eCommerce giant disagrees, stating that its record is more timely than reported, Reuters said on Wednesday (Dec. 11). Get the Full Story Complete the form to unlock this article and enjoy...
The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s most thriving startups — can move forward. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon has inked a deal to open its next headquarters in midtown Manhattan at Hudson Yards less than a year after withdrawing a plan to open a headquarters in Queens, The Wall Street Journal (WSJ) reported on Friday (Dec. 6). Get the Full Story Complete...