Amazon

Business, Technology, Logistics, TCA

Amazon Fresh Opens First Supermarket in Los Angeles

Inside an Amazon Fresh store. Inside an Amazon Fresh store. (Amazon)

Amazon is soft-launching a new supermarket Aug. 27, with a shopping cart that tallies up items as it enters the basket and enables instant checkout, and Alexa stations throughout the store that can answer questions.

Jefferson Graham | USA Today
August 27, 2020
Business, Technology

Elon Musk’s Wealth Now Exceeds $100 Billion

Tesla CEO Elon Musk Elon Musk has seen his fortune grow by $73.6 billion this year. (Saul Martinez/Getty Images via Bloomberg News)

Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.

August 26, 2020
Business, Technology, Logistics

Amazon Names Logistics Head Dave Clark New Consumer CEO

Dave Clark will take over for Jeff Wilke as Amazon's retail CEO. Dave Clark, pictured here in front of a Prime delivery van in June 2018, will take over for Jeff Wilke as Amazon's retail CEO. (Ted S. Warren/Associated Press)

Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.

Matt Day | Bloomberg News
August 21, 2020
Government, Business, Technology, Logistics, TCA

Amazon to Establish Tech Hubs in Six Cities, Including Detroit

The Amazon logo is displayed on a computer screen. The Amazon logo is displayed on a computer screen. (Gabby Jones/Bloomberg News)

Online retail giant Amazon.com Inc. said Aug. 18 it will put a tech hub in Detroit and five other U.S. cities. The move is expected to create 3,500 jobs in total.

Charles E. Ramirez | The Detroit News
August 18, 2020
Business, Logistics

Mall Operator Weighs Empty Spaces as Amazon Centers

Inside a Simon Property mall in New York in 2018. Shoppers walk past stores at a Simon Property mall in Garden City, N.Y., in 2018. (David Williams/Bloomberg News)

Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

August 10, 2020
Business, Technology, Logistics

Amazon Plows Through Pandemic With Record Profit

Boxes move along a conveyor belt at an Amazon fulfillment center in New Jersey. Boxes move along a conveyor belt at an Amazon fulfillment center in New Jersey. (Michael Nagle/Bloomberg News)

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.

Spencer Soper | Bloomberg News
July 31, 2020
Business, Logistics, Top 50, Top 100

Ryder Steps in as Amazon Restricts Third-Party Sellers

Ryder fulfillment center worker A Ryder worker inspects inventory at its e-commerce fulfillment facility near Los Angeles. (Business Wire)

Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.

Connor D. Wolf | Staff Reporter
July 30, 2020
Business, Fuel, Logistics, TCA

Amazon Aviation Fuel Deal Adds to Demand for Lower-Emissions Alternatives

A Boeing 737 Prime Air cargo plane sits on display in Paris, France, in June 2019. A Boeing 737 Prime Air cargo plane sits on display in Paris, France, in June 2019. (Jason Alden/Bloomberg News)

Amazon.com Inc. will buy an aviation fuel blend made from used fats, oils and greases over the next 12 months as it searches for ways to reduce the greenhouse gas emissions of its growing air cargo operations.

Benjamin Romano | The Seattle Times
July 9, 2020
Business, Technology, Logistics, Top 100

Walmart Jumps With Amazon Prime Challenger Nearing Debut

Packages move along a conveyor belt inside a Walmart fulfillment center in Pennsylvania. Packages move along a conveyor belt inside a Walmart fulfillment center in Pennsylvania. (Michael Nagle/Bloomberg News)

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.

Matthew Boyle | Bloomberg News
July 7, 2020
Business, Safety, Logistics

Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers

An employee packs boxes at an Amazon fulfillment center. An employee packs boxes at an Amazon fulfillment center. (Jason Alden/Bloomberg News)

Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers.

Matt Day | Bloomberg News
June 29, 2020

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