Ford Partners With Amazon to Enable Package Deliveries
Ford Motor Co. is the latest automaker opening its vehicles’ trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.
Amazon Will Spend $800 Million to Move to One-Day Delivery
Amazon.com will spend $800 million in the current quarter to increase delivery speed for Prime members to one day from two, the company announced April 25.
Amazon’s Profit Surges on Cloud Computing, Advertising Gains
Amazon.com reported quarterly profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud computing, advertising and other high-margin businesses continues to pay off.
Ford Partnership With EV Manufacturer Rivian Includes $500 Million Funding
Ford Motor Co. will invest $500 million in Rivian Automotive Inc., aligning the maker of the industry-leading F-Series pickup line with an upstart that’s electrifying gas-guzzling trucks and SUVs
Kohl’s Surges on Deal to Expand Amazon Ties in Return Policy
Kohl’s Corp. shares jumped the most in almost four months after the company said it will begin accepting returns for Amazon.com customers at all of its stores starting in July, expanding a program it started in 2017.
Amazon Is Said to Prepare Closing of Chinese E-Commerce Store
Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.
April 17, 2019GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse
Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.
April 12, 2019Is Amazon a Logistics Company? All Signs Point to That
Should Amazon.com be considered one of the largest logistics companies in North America? The answer, according to most industry observers, is yes. And how big is that business? That question, unfortunately, can’t be answered definitively, at least not yet.
Experts Doubt Turbulence Caused Crash of Cargo Jet in Texas
DALLAS — Aviation experts expressed doubt March 13 that turbulence could have caused the deadly February crash of an Atlas Air cargo plane carrying Amazon packages in Texas, suspecting human error or a massive malfunction as more likely culprits.
March 14, 2019Fighting Fakes Was a Big Reason Behind Amazon’s Big Vendor Purge
Amazon.com on March 9 hinted that fighting counterfeits was a reason for its sudden and unexplained purge of thousands of vendors that sowed panic among longtime suppliers.