Tag AMZN

The U.S. arm of Zebox, a French accelerator and incubator for supply chain and logistics tech startups, opened its U.S. headquarters in Crystal City on Tuesday. The company, which has another hub in Guadeloupe in the Caribbean, announced the formation of Zebox America and its choice of Arlington County in February 2021, after a competitive search among tech markets in other states. Rodolphe Saadé, chairman and CEO of Norfolk, Virginia-based shipping and logistics firm CMA CGM Group, founded Zebox in 2018...

The U.S. Occupational Safety and Health Administration issued a hazard alert letter to Amazon.com Inc on Tuesday after six contractors were fatally injured and another was severely injured when a tornado struck Amazon’s Edwardsville, Illinois, warehouse in December 2021...

Amazon is scheduled to report first-quarter earnings on Thursday and Credit Suisse analysts now anticipate that Prime Day will be in the third quarter instead of the second...

Shares of the e-commerce giant were down to the tune of 4.1% as of 1:21 p.m. ET Tuesday, according to data from S&P Global Market Intelligence, seemingly in response to the fact that workers at several of its warehouses are moving forward with efforts to unionize. For the second time in less than a month, Amazon employees in Staten Island are deciding whether or not to form a labor union. In other words, with or without the growing likelihood that the company will soon have to negotiate pay and working conditions with a growing cadre of unionized warehouse workers, it's likely that Amazon shares would be sinking...

Shares of United Parcel Service Inc. were hit hard Tuesday, as the package delivery giant reported profit and revenue beat expectations despite a "bumpy" macro environment, but only because higher prices masked a drop in delivery volumes...