Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.
April 14, 2022Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Amazon CEO Jassy Wants to Improve Warehouse Safety
In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.
April 14, 2022Walmart Announces Driver Pay Increase, Training Program
Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.
April 13, 2022Walmart Hires PayPal’s John Rainey as CFO
Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.
April 12, 2022Amazon Kicks Off Jumbo 7-Part Bond Sale
Amazon.com Inc. is offering investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.
April 11, 2022