Amazon News Updates

Government, Business

Amazon Workers in NYC Reject Union in a Reversal of Fortune

Amazon warehouse workers on Staten Island in New York City overwhelmingly rejected a union bid on May 2, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.

May 2, 2022
Business, Technology, Private

Amazon to Shutter Six Whole Foods Stores

Amazon.com Inc. will close six Whole Foods Market locations in four states, almost two months after shutting dozens of bookstores and gift shops around the country.

May 2, 2022
Business, Logistics, Private

Amazon Falls, Projects Slower Growth as Online Sales Stall

Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.

April 28, 2022
Business, Technology, Equipment, Safety, Logistics, Autonomous

Amazon to Invest $1 Billion in Logistics, Robotics Companies

Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.

April 21, 2022
Business, Technology, Logistics, Private

Amazon Targets Shopify With New ‘Buy With Prime’ Service

Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.

April 21, 2022
Business, Logistics, For-Hire, Private, TCA

Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat

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, 2022
Business, Logistics, TCA

Air Cargo Becoming a More Feasible Freight Alternative

Manufacturers, retailers and seafood distributors have increasingly turned to air cargo planes to transport products — a more expensive, but faster and more reliable alternative to longhaul trucks, trains and ocean vessels often bogged down by current supply chain problems.

April 14, 2022
Business, Safety, Logistics, Private

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, 2022
Business, Technology, Fuel

Amazon Adds 5% Fuel, Inflation Surcharge for Sellers

Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.

April 13, 2022
Business, Technology, Private

Amazon 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