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Amazon
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Amazon returns

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

Amazon boxes

“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.

Matt Day | Bloomberg News
October 31, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart RX

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon small model reactor

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

Alexa St. John and Jennifer McDermott | Associated Press
October 16, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Unveils AI Tool to Help Drivers Find Packages Faster

Amazon AI

Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.

Spencer Soper | Bloomberg News
October 9, 2024
Business, Logistics, For-Hire, Private

Amazon, Target and Other Retailers Ramp Up Holiday Hiring

Amazon packages

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

Haleluya Hadero | Associated Press
October 3, 2024
Business, Logistics, Private, Global Freight

Online Holiday Spending Projected to Rise 8.4%

online shopping

Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.

Spencer Soper | Bloomberg News
September 25, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Launches AI Assistant to Help Online Merchants

Amazon Amelia

Amazon.com Inc. is launching an artificially intelligent assistant designed to help online merchants manage their businesses.

Matt Day | Bloomberg News
September 19, 2024
Business, Logistics, Private, Global Freight

Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour

Amazon warehouse

Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

Matt Day | Bloomberg News
September 18, 2024
Business, Technology, Logistics, Private, Global Freight

Intel to Make Custom AI Chip for Amazon, Delay German Plant

Pat Gelsinger

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.” 

Ian King | Bloomberg News
September 17, 2024

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