Amazon

Business

Amazon Sales, Profit Top Estimates as Retail, Advertising Soar

An Amazon fulfillment center An Amazon fulfillment center. (Luke MacGregor/Bloomberg News)

Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc.

Spencer Soper | Bloomberg News
January 31, 2019
Business

Amazon Likely to Post Slowest Revenue Growth Since 2015

Amazon Jim Young/Bloomberg News

Amazon.com reports fourth-quarter results after the market closes Jan. 31, with analysts braced for a relatively weak read on revenue growth, and focusing instead on the benefits cloud-computing and advertising have had on its margins.

Ryan Vlastelica | Bloomberg News
January 31, 2019
Business, Technology, Logistics, Top 100

FedEx Introduces Way for Retailers to Outrace Amazon in Delivery

FedEx Truck Christopher Dilts/Bloomberg News

FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.

Thomas Black | Bloomberg News
January 29, 2019
Business, Technology, Logistics

Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.

Matthew Boyle and Mark Bergen | Bloomberg News
January 25, 2019
Business, Technology, Autonomous

Amazon to Test Delivery Robots on Seattle-Area Sidewalks

Delivery Robots Amazon Scout (Amazon.com)

Amazon.com will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last mile of delivery that is a labor-intensive and costly component of buying products online.

Spencer Soper and Matt Day | Bloomberg News
January 23, 2019
Business, Logistics, TCA

Amazon Arrival Helps Chicago Rockford International Airport Break Cargo Record

Amazon Airplane Chicago Rockford International Airport

ROCKFORD, Ill. — More than 2.1 billion pounds of cargo made its way through Chicago Rockford International Airport in 2018 — shattering the previous record, set in 2017, by 55%.

January 22, 2019
Business, Logistics

Amazon Air Announces Significant Expansion in Major Markets

Amazon Air plane Chicago Rockford International Airport

The air transport division of online retailer Amazon is expanding its capacity at a regional airport near Chicago that markets itself as an alternative to the city’s O’Hare International Airport, the nation’s sixth busiest cargo facility.

Dan Ronan | Associate News Editor
December 18, 2018
Business, Technology, Logistics

Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist

Amazon Van Amazon Prime delivery van. (Bloomberg News)

Five years on, Amazon.com Inc.’s chief executive officer is betting on decidedly more terrestrial technology: Drivers. As in real people. Tens of thousands of them. High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milkman, postal worker, UPS guy and pizza dude before them.

Spencer Soper and Thomas Black | Bloomberg News
December 17, 2018
Government, Business, Logistics

Employees at Amazon’s New NYC Warehouse Launch Union Push

Amazon fulfillment center Staten Island Amazon's fulfillment center in Staten Island. (Julie Jacobson/AP)

A committee of employees at Amazon.com’s recently opened Staten Island fulfillment center is going public with a unionization campaign, a fresh challenge to the e-commerce giant in a city where it plans to build a major new campus.

Josh Eidelson | Bloomberg News
December 12, 2018
Business, Logistics

Amazon Chooses Fort Worth’s Alliance Airport for Regional Hub

Chicago Rockford International Chicago Rockford International Airport

Amazon.com is building a new regional air hub at Fort Worth’s Alliance Airport, bolstering its shipping business in a move that’s expected to create hundreds of jobs for the region.

Conor Shine | The Dallas Morning News
December 11, 2018

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