Global Freight

Amazon’s use of contract cargo carriers may limit its liability after a fatal Miami crash involving an Amazon-branded jet.

The founder of cargo booking platform Freightos is calling for a board shake-up including the ouster of Chairman Udo Lange, citing a drop in the company’s share price.

The Amazon cargo plane that crashed in Miami on Sept. 7 increased thrust just seconds before it overran the runway and careered into two vehicles, NTSB said.

Federal investigators examining the crash in Miami are trying to determine whether the plane touched down too late to stop safely.

The FTC and a group of U.S. states sued Amazon over claims the e-commerce giant systematically overcharged advertisers by more than $20 billion since 2019. 

Klaus-Michael Kuehne broadened the company's  global reach through acquisitions. Under his leadership, the firm grew over decades into a global transport behemoth with more than 1,300 offices worldwide.

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.

Customers could receive the drone deliveries in as fast as 30 minutes, Amazon said in a news release. The drones can carry packages up to 5 pounds.

The addition is set to triple the size of Einride’s deployed fleet and extend its network across North America. It has previously used vehicles from Daimler Truck, Scania, MAN and BYD.

Maersk, Hapag-Lloyd and DP World reported strong trade demand, with Maersk raising its full-year outlook for the second time in seven weeks.