American Express

Amazon Freight now offers money back through American Express

An Amazon Freight truck drives a load down the highway

You’ve heard of cash back for groceries or restaurants, but what about cash back for freight? That’s exactly what Amazon Freight is doing through a partnership with American Express. The new offering will give carriers and freight forwarders 3% or 5% back on every load they book through the company’s trucking arm.

It goes without saying, but moving freight can be expensive. Earlier this month, FreightWaves CEO Craig Fuller explained the ebbs and flows of the trucking cycle, breaking down just...

https://www.freightwaves.com/news/amazon-freight-now-offers-money-back-through-american-express

Commodity price surge highlights American Express’ first B2B spend survey

grain cargo

U.S. companies will spend 6.4% more on raw or processed materials in the second quarter than they did in the first quarter, according to American Express Co.’s (NYSE:AXP) first-ever survey of global business-to-business (B2B) expenditures.

The survey, conducted across six countries with the Centre for Business and Economic Research, underscores the continued ramp-up in commodities demand and prices that have affected almost every industry here and abroad. B2B spending on such essential materials...

https://www.freightwaves.com/news/commodity-prices-surge-in-american-express-first-b2b-spend-survey

The payment industry’s rebirth

The explosion of e-commerce in 2020 brought with it immediate problems for businesses that had never sold online before. Suddenly in survival mode, they quickly learned that deciding to sell online was only one part of the equation – they also had to figure out how to accept payment.

“The payment industry is experiencing a renaissance – a rebirth,” Stovan Kenderov, chief product officer of Plastiq, told Modern Shipper. “We have seen unprecedented [growth] and it is being driven by the...

https://www.freightwaves.com/news/the-payment-industrys-rebirth