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Business, Technology, Logistics, Private

Amazon to Expand Grocery Delivery

Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.

Matt Day | Bloomberg News
November 9, 2023
Business, Technology, Equipment, Logistics, Private

Rivian to End Exclusivity With Amazon

Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.

November 8, 2023
Business, Fuel, Logistics, Private

ADM Strikes Supply Deal for US Plant-Based Chemical Factory

Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.

Gerson Freitas Jr. | Bloomberg News
October 30, 2023
Business, Technology, Private

Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion

Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.

Matt Day | Bloomberg News
October 27, 2023
Private

Sysco Breaks Ground on Distribution Facility in Arizona

Arizona state and local officials gathered for a groundbreaking ceremony at the site of Sysco Corp.’s future $102 million distribution center in Mesa.

Noël Fletcher | Staff Reporter
October 20, 2023
Government, Business, Technology, Autonomous, Private

Amazon to Test Prescription Delivery by Drone

Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.

Tom Murphy and Haleluya Hadero | Associated Press
October 18, 2023
Business, Private

Sysco to Buy Food Service Distributor Edward Don & Co.

Sysco Corp. is to buy Chicago-based food service equipment and supplies distributor Edward Don & Co. for an undisclosed sum, the S&P 500 member said.

Keiron Greenhalgh | Staff Reporter
October 16, 2023
Government, Business, Private

Rite Aid Files for Bankruptcy

PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.

October 16, 2023
Government, Business, Private

California Eyes Lawsuit to Block Kroger-Albertsons Deal

California is preparing a lawsuit to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.

October 12, 2023
Business, Technology, Equipment, For-Hire, Private

Mercedes Challenges Tesla's Battery-Powered Semi

Mercedes-Benz Trucks revealed a heavy-duty #electric #truck to take on Tesla’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics. 

October 12, 2023