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Ben Gordon: Amazon Earnings Miss Highlights Competition In Last Mile
Tuesday, October 29, 2019 - 10:58am | 977Read More...On October 24, Amazon.com, Inc. (NYSE: AMZN) reported its financial results for the third quarter, which included a revenue beat and an earnings miss, the company's first in two years. The e-commerce giant's massive investments in transforming its two-day Prime network to one-day delivery were to...
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Amazon Offering Big Shippers Customized Ground Delivery Services At Low Rates
Monday, October 28, 2019 - 10:55am | 839Read More...Amazon.com, Inc. (NASDAQ: AMZN) is offering customized ground parcel delivery services for its select high-volume shippers at rates as low as $3 per parcel for shipments weighing up to 50 pounds and traveling significant lengths of haul, according to a person familiar with the program. The...
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Amazon Misses Wall Street Profit Estimates Sending The Stock Tumbling
Friday, October 25, 2019 - 11:06am | 1175Read More...On Thursday, Amazon.com, Inc. (NASDAQ: AMZN) reported its third quarter earnings. Although the company has slightly exceeded Wall Street estimates on revenue, it has missed the estimates on profit, causing its stock to drop as much as 8.6% after the earnings were announced. "Oh, how the...
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Today's Pickup: Indian Railways To Carry Amazon Parcels
Friday, October 25, 2019 - 11:00am | 730Read More...Good day, Blurring the boundary between freight and passenger rail, a commuter rail service in India is now carrying parcels for Amazon.com, Inc. (NASDAQ: AMZN), Rail Gazette reports. In a three-month pilot project that launched on October 21, Amazon parcels are being transported on an Indian...
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Amazon's Third-Quarter Revenue Surges, But So Do Its Shipping Costs
Thursday, October 24, 2019 - 5:49pm | 383Read More...Amazon.com, Inc. (NASDAQ: AMZN) late Thursday reported third-quarter revenue of $70 billion, a 24% increase over the same period in 2018, as well as a 46% surge in worldwide shipping costs as it made massive transportation and logistics investments to upgrade delivery times and to take more control...
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Earnings Deluge As Twitter, Ford, 3M Fall While Tesla, Microsoft Rise; Amazon Later
Thursday, October 24, 2019 - 10:06am | 2418Read More...Welcome to the busiest day of earnings season, a day when more than 40 S&P 500 companies—about 8% of the total—open their books to investors. You’d think on a day like this the market might show more excitement, but stock futures pointed to a flat to just slightly higher...
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Amazon Expands Its In-Store Pickup Service Counter, Adds GNC, Health Mart And Stage Stores
Wednesday, October 23, 2019 - 3:02pm | 657Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is expanding its in-store pickup service Counter, announcing on October 23 that it is partnering with GNC Holdings Inc (NYSE: GNC), Health Mart and Stage Stores Inc (NYSE: SSI). This move will allow consumers access to thousands more Counter...
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How Amazon Can Deliver $1 Items Overnight For Free
Tuesday, October 15, 2019 - 4:34pm | 580Read More...It used to be that ordering household items from Amazon Prime meant stocking up. Many brick and mortar-resistant shoppers relished 48 rolls of toilet paper or 24 cans of cat food arriving at their address in two short days. Until recently, to protect Amazon.com, Inc.'s (NASDAQ: AMZN) retail...
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Amazon Poised To "Double Down" On In-House Truckload Program By Rolling Into Power Unit Purchases
Monday, October 14, 2019 - 12:41pm | 706Read More...Amazon.com, Inc. (NASDAQ: AMZN) is preparing to take a step that many thought would be inevitable – acquiring its own power units. Amazon, which has spent the past six years forming a massive shipping and logistics network, already owns or leases thousands of truck trailers. But it relies on...
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Amazon Delivery Partner Cuts More Than 400 Jobs In Texas
Friday, October 11, 2019 - 4:58pm | 345Read More...Letter Ride, a delivery service provider for Amazon.com, Inc. (NASDAQ: AMZN), is cutting 423 positions at facilities across Texas. The company is eliminating jobs at its facilities in Austin, Dallas, Fort Worth and Houston, according to recent documents provided by the Texas Workforce Commission...
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What The Truck?!? Tariff Rollbacks, Amazon's Next Break Up, And FMCSA Chief Exits
Friday, October 11, 2019 - 3:46pm | 149Read More...Close out your week with What The Truck?!? as Chad & Dooner roundup this electric week in freight. They're talking China USA Tariff Rollbacks, Amazon.com, Inc.'s (NASDAQ: AMZN) Next Break Up, and FMCSA Chief's Exit. Economist Anthony Smith is ready to play Earnings Over/Under, Anchor Emily...
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Amazon Partner Inpax Lays Off About 600 After Amazon Ends Relationship
Thursday, October 10, 2019 - 3:44pm | 305Read More...Amazon.com, Inc. (NASDAQ: AMZN) can giveth, and it can taketh away. Atlanta-based Inpax Final Mile Delivery Inc., an Amazon delivery service provider and a last-mile delivery company in 11 markets, felt the brunt of the latter option earlier this week when Seattle-based Amazon cut ties with it....
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From Banker To Amazon Transportation Director
Tuesday, October 8, 2019 - 12:35pm | 1210Read More...Elena Bernardo says innovation is "near and dear" to her heart, and a move from a career in banking to one with Amazon.com, Inc. (NASDAQ: AMZN) was a mindful one. "A business career seemed so practical and I went into banking — super safe, super straightforward," Bernardo told an audience that...
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Benzinga's Bulls And Bears Of The Week: Amazon, Apple, Disney, Ford And More
Sunday, October 6, 2019 - 5:10pm | 892Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the e-commerce leader, iPhone maker and an entertainment giant. Bearish calls last week included a top automaker, pot stocks and online brokers. The turbulent third quarter ended this...
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What The Truck?!? – GM Strikes, Service Dogs Win, And Amazon's Evasion
Friday, October 4, 2019 - 3:41pm | 138Read More...Today on What the Truck?!? Mexican auto workers laid off, carrier settles service dog lawsuit, and Amazon.com, Inc. (NASDAQ: AMZN) isn't coming clean on contract drivers. Stone Cold Nick Austin brings us all the odd weather patterns across our fair land. We go Off the Blockchain with Andrew Cox...
















