Latest News Updates From Spencer Soper

Business, Logistics

Amazon Merchants Say Deliveries of Some Products Are Delayed

Amazon .com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season.

November 25, 2020
Business, Logistics

Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods

The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store.

September 16, 2020
Business, Logistics

Amazon Looks to Use More Contractors for Grocery Delivery

Amazon .com Inc. is experimenting with a new program that pays independent contractors to fetch groceries from shelves in Whole Foods stores and deliver them in their own vehicles.

September 15, 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

Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud

Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration.

June 5, 2020
Business, Logistics

Amazon Prime Air Could Surge to 200 Jets From 42, Study Says

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

May 26, 2020
Business, Safety, Logistics

Amazon Says Deliveries Returning to Normal After COVID-19 Crush

Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.

May 13, 2020
Business

Amazon Merchants Spooked by Coronavirus Fallout Curtail Ad Spending

Amazon merchants are shifting sales tactics in the face of shortages caused by effects of the coronavirus.

February 26, 2020
Business, Logistics

Dave Clark: The Man Who Built Amazon’s Delivery Machine

Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations.

December 17, 2019
Business, Logistics, Top 100

Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday

Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays.

December 16, 2019