Business, Logistics

Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon

Outside a Walmart store David J. Phillip/Associated Press

NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.

Anne D’Innocenzio | Associated Press
November 16, 2018

Warren Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns

Walmart worker Patrick T. Fallon/Bloomberg News

Buffett’s Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Nov. 14, ending a relationship that dates more than two decades.

November 15, 2018
Government, Business, Technology

Nashville Chosen for Amazon Operations Hub

Amazon operations hub An Amazon Prime truck. (John Sommers II for Transport Topics)

Amazon will build a $230 million operations hub in Nashville, Tenn., that will house 5,000 employees over the next 10 years.

Dan Ronan | Associate News Editor
November 14, 2018
Business, Technology, Logistics, TCA

Amazon Air Takes Delivery of 40th Cargo Plane

Amazon Prime Plane Ted S. Warren/Associated Press on Nov. 12 took delivery of the 40th and final plane in a lease deal for its expanding air-cargo operation. More may be on the way. A senior executive at an aircraft lessor said Amazon was shopping around for more Boeing 767 freighters and had put out a request for proposals for an additional six jets earlier this year.

Matt Day and Dominic Gates | The Seattle Times
November 13, 2018
Government, Business, Logistics

Amazon Selects Washington, New York Metro Areas for Coveted ‘HQ2’ Sites

Amazon HQ Amazon Headquarters in Seattle. (Elaine Thompson/Associated Press) Inc. will build new offices in New York City and Arlington, Va., ending months of jockeying between potential locations across the country vying for a $5 billion investment that promises 50,000 high-paying jobs over almost two decades.

Spencer Soper | Bloomberg News
November 13, 2018

Walmart Narrows Gap, but Amazon Prices Still Cheaper, Study Finds

A Walmart employee organizes store shelves Patrick T. Fallon/Bloomberg News

Walmart Inc. is narrowing the online price gap with low-cost leader and is beating the world’s biggest e-commerce company on prices for baby products, according to a new study.

November 8, 2018
Government, Business, Logistics

Amazon Is Said to Split HQ2 Between New York, Northern Virginia

Amazon Logo Simon Dawson/Bloomberg News’s yearlong search for a second headquarters is nearing an end, people with knowledge of the matter said. One will be the Crystal City area of Arlington, in Northern Virginia, two people said. Another will be Long Island City, in the New York borough of Queens, other people said. An Amazon spokesman declined to comment.

November 6, 2018
Business, Logistics, Top 50

How Logistics Firms Can Compete in the Age of Amazon

TT File Photo

The global transportation services market was estimated at about $5.8 trillion last year, and there is much at stake for ­legacy freight forwarding, logistics and supply-­chain management companies.

Abhinav Singh | Senior Director of Business Transformation, Intelenet Global Services
September 17, 2018
Business, Technology, Logistics, TCA

Battling Amazon, Chicago-Based ShipBob Lands $40 Million, Opens Warehouse

Chicago lakefront skyline Kiichiro Sato/AP

With $40 million in new investments announced Sept. 6, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion — starting with a new fulfillment warehouse in Cicero and a push to hire 100 people in the next year.

Ally Marotti | Chicago Tribune
September 7, 2018
Business, Technology

Amazon Becomes Second US Company to Reach $1 Trillion Market Value

Boxes sit stacked at the fulfillment center in Kenosha, Wis. Boxes sit stacked at the fulfillment center in Kenosha, Wis. (Jim Young/Bloomberg News)

NEW YORK — Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.

September 4, 2018