Amazon led the highest ever S&P 500 Index thanks to robust holiday sales that made 2019 “record-breaking” for the eCommerce giant, Bloomberg reported on Thursday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As demand for connectivity in vehicles grows, automakers are clamoring to put Amazon Alexa behind the wheel — or at least in the passenger seat, CNBC reported on Tuesday (Dec. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon has announced that it’s going to charge merchants about 3 percent more in fulfillment fees, which include things like warehousing and shipping goods, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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...
