Amazon

FreightWaves Staff Saturday, December 21, 2019

Massive mergers, verdicts, Amazon problems, earnings and cheese smugglers — WTT?!? [with video]

First, we hit you with some of the latest headlines. Heniff Transportation and Superior Bulk Logistics are set to merge. Ohio-based GDS Express abruptly ceases operations. Rising wrestling star, Matt Travis, was struck and killed by truck driver, and a jury smacks a California trucking company with $70.5 million “nuclear verdict.” Plus, Amazon has some […]

Read More »
FreightWaves Staff Friday, December 20, 2019

Off the Supply Chain: The Last Mile Final Frontier

Consumer demands and expectations are rising dramatically. Up to 25% of consumers are willing to pay extra for same-day delivery. Some estimate same-day delivery will reach a 25% market share by 2025. E-commerce is the driving force behind the revolution in the last mile final frontier. Real-time data analytics is also proving to be a […]

Read More »
Eric Kulisch Wednesday, November 6, 2019

Amazon air carrier ATSG posts higher 3Q earnings

Air Transport Services Group (NASDAQ: ATSG) reported a 219% increase in third-quarter operating profit of $105 million. The outsourced provider of air cargo services for Amazon.com’s Prime network and other customers generated $366 million in revenue, up 79% from the same period in 2018. The gains mostly came from one-time occurrences: earnings from operations benefited […]

Read More »
Eric Kulisch Monday, November 4, 2019

Ecommerce drives 3Q gains at Canada’s Cargojet

Story updated 11/42019, 2:45 p.m. Canadian overnight air cargo provider Cargojet [TSE: CGJTF] increased its third-quarter adjusted pretax earnings by 24% to C$39.1 million ($29.7 million) compared to the same period in 2018, consistent with the nine-month growth rate. Revenues, excluding fuel surcharges, increased 2.4% to $85.4 million, powered by a 5.5% increase in domestic […]

Read More »
Noi Mahoney Thursday, September 26, 2019

Amazon buys tech firm INLT to help online merchants with cross-border trade

Amazon.com recently acquired cloud-based startup INLT, a move designed to simplify importing goods into the United States for Amazon’s online merchants, according to Reuters. INLT, which the company said stands for IN:LET, makes software for merchants to manage the costs of customs clearance on cross-border shipments. Terms of the acquisition, which was announced Sept. 24, were not […]

Read More »
Eric Kulisch Friday, September 13, 2019

Amazon shifts two freighters from Atlas Air to ATSG operation

Amazon.com Inc. (NASDAQ:AMZN) has transferred flying responsibility for two leased Boeing 767-300 freighters from Atlas Air Worldwide to Air Transport International, a charter airline owned by Air Transport Services Group (ATSG), Amazon and ATSG officials confirmed. Both companies lease and operate planes on behalf of the Amazon Air network, which the e-commerce giant launched in […]

Read More »
Timothy Dooner Monday, August 5, 2019

What the Truck?!? Headhaul: Dow is down

On today’s episode we’re talking about the Dow dropping, freight rates popping, California’s new CORE program, Freight Futures, project44 adding visibility to Amazon and Walmart, Market Expert Trivia, Big Deal Little Deal and so much more. Rewatch the LIVE experience

Read More »
Timothy Dooner Monday, July 29, 2019

What the Truck?!? Headhaul: The birthplace of bottled Coke

Kick off the week with the headhaul edition of WTT?!? Emily Szink returns as a special guest co-host with Dooner to bring you headlines about Walmart’s autonomous final-mile delivery vans, a giant deal in the on-demand delivery space, the Port Report and SONAR’s blockbuster new feature. JP talks mergers and acquisitions, market expert trivia and […]

Read More »
Mark Solomon Monday, July 22, 2019

Amazon adds two more fulfillment centers in Ohio

Amazon.com, Inc. (NASDAQ:AMZN) announced today it will open two more fulfillment centers in Ohio, which will bring to 10 the number of locations that the e-tailer operates in the state. The centers, which will be built in Akron and Rossford, will each measure 700,000 square feet and will be used to pick, pack and ship […]

Read More »
Timothy Dooner Monday, July 8, 2019

What the Truck?!? Headhaul: Prime vs. Prime

WTT?!? celebrates its first Facebook Live show with all the latest headlines, including Amazon Prime vs. Prime, Inc., Dooner vs. the Sultan of SONAR in Market Expert Trivia and tech news Off the Blockchain with Lincoln Duff. Kevin Hill tells us what’s On the Radar with IMO 2020, and Emily returns for Big Deal Little […]

Read More »