All Amazon articles – Page 4
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FedEx breakup with Amazon a ‘watershed’ moment for express industry
FedEx’s decision to ditch its domestic US business with Amazon is a “watershed” moment that signals the emergence of the e-commerce giant as a significant player in the parcel industry.In a research note, investment bank Morgan Stanley said that the impact of the FedEx move should not be downplayed and ...
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FedEx ditches Amazon contract
FedEx has made the strategic decision to not renew the FedEx Express US domestic contract with Amazon in order to focus on serving the broader e-commerce market.The move comes after the e-commerce retail giant launched its own airfreight network three years ago through deals with Atlas Air and ATSG and ...
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NewsAmazon reveals first CGI video of planned Kentucky air hub
Impression of Amazon's Cincinnati-Northern Kentucky International Airport air hubAmazon yesterday broke ground on its new $1.5bn Air Hub located at the Cincinnati/Northern Kentucky International Airport.The facility will open in 2021 as part of the company's drive to speed up delivery times for customers.The 1,100 acre site centre will have parking ...
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ATSG boosted by Omni, Amazon and DHL
ATSG saw revenues increase by 71% in the first quarter of the year thanks its purchase of Omni Air while it expects a further boost from expanded contracts with Amazon and DHL.The aircraft lessor and operator saw first quarter revenues reach $348m, while earnings from continuing operations increased by $7m ...
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NewsUPU looks to solve e-commerce postal rules dispute
UPU Director General Bishar A. HusseinThe Universal Postal Union (UPU) has proposed three options it hopes will solve the current dispute over postal rules that mean Chinese e-commerce companies pay less than their rivals in some other countries.The dispute centres around UPU rules allowing the shipping costs for small packages ...
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ATSG looks to its strengthened platform following Amazon extension and Omni deal
Aircraft lessor ATSG saw adjusted revenues and earnings for the year increase by more than 20% in the final quarter of the year.The Wilmington-based firm reported a 27% increase in adjusted fourth-quarter revenues to $280.8m, while adjusted earnings from continuing operations were up 23% to $24.1m.ATSG president and chief executive ...
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NewsAtlas Air B767 freighter in crash near Houston, three crew dead
Three crew members died after an Atlas Air 767 freighter operated on behalf of Amazon Air crashed near the city of Anahuac Texas, in the Trinity Bay.Flight 3591 was flying from Miami to Houston when the incident occurred.In a statement, parent company Atlas Air Worldwide said: "Atlas' primary focus is ...
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Atlas looks back on record results in 2018
Atlas Air Worldwide Holdings (AAWW) has reported record fourth-quarter and full-year volumes, revenue and earnings in 2018.Moreover, the Purchase, New York-headquartered provider of outsourced aircraft and aviation operating services has predicted continued growth this year.“2018 was another great year for Atlas, with substantial growth in the scale, diversity and profitability ...
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VIDEO: Amazon tests out home delivery robot
E-commerce firm Amazon is continuing its push into the final mile delivery market with the introduction of an autonomous delivery robot, called Scout.Amazon said the robots are "the size of a small cooler" and "roll along sidewalks at a walking pace".Initially they will deliver packages to customers' homes in a ...
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Amazon Air to expand fleet to 50 aircraft with new ATSG deal
Amazon Air is expanding its network with the lease of a further 10 Boeing 767-300 freighters from lessor ATSG, with options for even more.The move will bring the e-commerce giant’s fleet of aircraft to 50 – it leases a further 20 from ATSG and 20 from Atlas Air – when ...
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Amazon reports record holiday season
E-commerce giant Amazon, which is expanding its freighter fleet, had a record-breaking holiday season with more items ordered worldwide than ever before, although it did not provide total figures.Amazon customers shopped at record levels, it said, "from a wide selection of products across every department, discovering top holiday gifts and ...
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Amazon Air continues expansion with regional hub development in Dallas
Amazon Air is continuing to expand its network with the development of a regional hub in Dallas, announced just days after it revealed an expansion of facilities in Chicago.The e-commerce firm yesterday announced that it had begun work on new facility at Fort Worth Alliance Airport as part of its ...
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Amazon Air to expand Chicago Rockford operation
Amazon Air is expanding its presence at Chicago Rockford International (RFD) as it looks to add extra capacity at the Illinois hub.The airport confirmed reports that the expansion will see the e-commerce firm increase the 72,000 sq ft facility it has been working out of at the airport over the ...
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Amazon Air predicted to increasingly hit FedEx/UPS revenues
A report from investment bank Morgan Stanley has warned that the market is underestimating the risk that Amazon's air network poses to UPS and FedEx.The report suggests that Amazon's network is already having an impact on the two integrator's air volumes, with more erosion expected as services are expanded further.It ...
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Amazon takes delivery of final freighter and reports suggest it could be looking for more
Atlas Air has delivered its twentieth and final freighter to Amazon as part of its deal to operate a dedicated fleet for the e-commerce giant, while reports suggest more could be on the way.The Boeing 767-300 converted freighter, which bears tail number N1487A, entered into Amazon’s domestic air network Prime ...
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Amazon Air lands at Miami
Amazon Air has launched a twice daily Prime Air-branded Boeing 767-300F service through Miami International Airport (MIA).The service, connecting the Florida gateway to other airports across the US, is operated by Atlas Air Worldwide.A facility at MIA sorts the Amazon packages prior to their flight out on the Atlas freighters.Lester ...
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Amazon moves into US last mile pharma with PillPack purchase
Amazon is moving into last mile pharmaceutical deliveries by acquiring PillPack, a US pharmacy service for people who take multiple daily prescriptions.PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals."PillPack's visionary team has a combination of deep pharmacy experience and a focus on technology," said Jeff Wilke, Amazon ...
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Amazon looks to shake-up US delivery networks with new entrepreneur scheme
Amazon has launched a new offering that helps entrepreneurs build their own companies delivering Amazon packages, a move that some reports suggest will take on the likes of FedEx and UPS.Entrepreneurs can earn as much as $300,000 in annual profit operating a fleet of up to 40 delivery vehicles.Individual owners ...
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Former Amazon supply chain executive Wagers joins XPO Logistics
XPO Logistics has appointed ex-Amazon logistics executive Kenneth Wagers as chief operating officer, with responsibility for the company's operations in 32 countries.Wagers was most recently with Amazon, where he had executive oversight of Amazon's Worldwide Transportation and Logistics business (last mile, middle mile, and air and ocean cargo), as well ...
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Amazon "in talks" with Azul over Brazil e-commerce says Reuters
Reuters reports that Amazon is in talks with Brazilian passenger airline Azul for e-commerce deliveries, quoting two "sources with knowledge of the matter" and calling it the "latest sign of the retailer’s big plans in Latin America’s largest economy".Reuters added: "It also shows that the US e-commerce company is serious ...