Amazon News Updates

Business, Technology, Logistics, TCA

Amazon Fresh Opens First Supermarket in Los Angeles

Amazon is soft-launching a new supermarket Aug. 27, with a shopping cart that tallies up items as it enters the basket and enables instant checkout, and Alexa stations throughout the store that can answer questions.

August 27, 2020
Business, Technology

Elon Musk’s Wealth Now Exceeds $100 Billion

Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.

August 26, 2020
Business, Technology, Logistics

Amazon Names Logistics Head Dave Clark New Consumer CEO

Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.

August 21, 2020
Government, Business, Technology, Logistics, TCA

Amazon to Establish Tech Hubs in Six Cities, Including Detroit

Online retail giant Amazon.com Inc. said Aug. 18 it will put a tech hub in Detroit and five other U.S. cities. The move is expected to create 3,500 jobs in total.

August 18, 2020
Business, Logistics

Mall Operator Weighs Empty Spaces as Amazon Centers

Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

August 10, 2020
Business, Technology, Logistics

Amazon Plows Through Pandemic With Record Profit

Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.

July 31, 2020
Business, Logistics, Top 50, Top 100

Ryder Steps in as Amazon Restricts Third-Party Sellers

Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.

July 30, 2020
Business, Fuel, Logistics, TCA

Amazon Aviation Fuel Deal Adds to Demand for Lower-Emissions Alternatives

Amazon.com Inc. will buy an aviation fuel blend made from used fats, oils and greases over the next 12 months as it searches for ways to reduce the greenhouse gas emissions of its growing air cargo operations.

July 9, 2020
Business, Technology, Logistics, Top 100

Walmart Jumps With Amazon Prime Challenger Nearing Debut

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.

July 7, 2020
Business, Safety, Logistics

Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers

Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers.

June 29, 2020