e-commerce fulfillment

Amazon reports $158B in Q3 revenue, beats Wall Street expectations

E-commerce giant Amazon.com Inc.’s third-quarter earnings, reported after the market closed Thursday, beat Wall Street expectations by providing a wider variety of goods and improving its delivery model, company officials said.

“Our team continues to focus on the inputs that matter most to customers: really broad selection, low prices, fast and free delivery, and a range of compelling Prime member benefits, including our recent additions of unlimited grocery delivery from Whole Foods Market,...

https://www.freightwaves.com/news/amazon-reports-158b-in-q3-revenue-beats-wall-street-expectations

Amazon explores cargo charter service with Sun Country Airlines

Sun Country Airlines is in discussions with Amazon about expanding their air cargo partnership to include special charter flights for dedicated customers, CEO Jude Bricker said on a media call Thursday to discuss the carrier’s financial results.

Sun Country (NASDAQ: SNCY), a hybrid low-cost carrier, operates 12 Boeing 737-800 converted freighters on a daily basis within Amazon’s scheduled domestic air network to support next-day and two-day package delivery.

Amazon’s (NASDAQ: AMZN) air logistics...

https://www.freightwaves.com/news/amazon-explores-cargo-charter-service-with-sun-country-airlines

Amazon airline sells excess cargo capacity to third-party shippers

Amazon has officially entered the for-hire air cargo market, making capacity on its large fleet of cargo jets broadly available for the first time to freight forwarders and other businesses after previously providing airlift to a limited set of companies. The creation of a direct sales channel for heavy shipments beyond Amazon’s parcel ecosystem puts the e-commerce platform in position to challenge FedEx and UPS for a greater share of domestic airfreight.

Amazon (NASDAQ: AMZN) established its...

https://www.freightwaves.com/news/amazon-airline-sells-excess-cargo-capacity-to-third-party-shippers

Tariffs targeting Chinese e-commerce could dampen demand

A U.S. government initiative to crack down on abuse of a trade exception could slow the flow of shipments pouring into the United States from massive e-commerce retailers in China and impact logistics businesses like FedEx that facilitate cross-border parcel delivery.

Shopping platforms like Shein, Temu, JD.com and Alibaba have made huge inroads in the U.S. market by sending orders directly to consumers and avoiding the warehouse and distribution costs associated with a traditional container...

https://www.freightwaves.com/news/tariffs-targeting-chinese-e-commerce-could-dampen-demand

ShipHero spins off fulfillment business

New York-based e-commerce software and fulfillment provider ShipHero announced Tuesday morning it is splitting off its fulfillment business into a 3PL subsidiary, named LVK, to better serve customers.

As the freight recession continues, companies across numerous sectors of the industry, including fulfillment, trucking, tech providers and more, are shutting down or experiencing massive layoffs. Launching LVK as a separate entity while retaining the experience it has earned in the almost five...

https://www.freightwaves.com/news/shiphero-spins-off-fulfillment-business

Teamsters can protest at Amazon air hub, federal court says

Members of the Teamsters union may picket outside Amazon’s national air cargo hub at Cincinnati/Northern Kentucky International Airport (CVG) without interference from local officials, a federal judge has ruled.

The Teamsters have ramped up efforts to organize Amazon.com (NASDAQ: AMZN) warehouse workers and drivers ever since securing a major contract win at UPS last summer. The union has spent the past three months trying to win the support of workers at Amazon’s primary air hub as their...

https://www.freightwaves.com/news/teamsters-can-protest-at-amazon-air-hub-federal-court-says

Amazon flying to generate 20% of Sun Country Airlines’ revenue

Cargo revenue at Sun Country Airlines inched up in the second quarter despite reduced flight activity on behalf of Amazon, but is expected to jump one year from now when the retail giant supplies additional Boeing 737-800 freighters to the carrier.

The two companies in late June agreed on an expanded transportation services agreement under which Amazon (NASDAQ: AMZN) will deliver eight Boeing 737-800 converted cargo jets it controls through a long-term lease to support package deliveries in its...

https://www.freightwaves.com/news/amazon-flying-to-generate-20-of-sun-country-airlines-revenue

How reverse logistics can help retailers avoid ring around the collar

The spend-crazy consumer has been both a blessing and a curse for the logistics industry. The positive is the additional volume of boxes being moved. The negative? Fraud, theft and rising logistics costs.

We have heard stories about or know at least one person who has worn an outfit with the tag on to a wedding or a one-time event only to return the item after wearing it. This is called “wardrobing.” Retailers who do not catch these used items carelessly put them back on the rack or in stock to...

https://www.freightwaves.com/news/how-reverse-logistics-can-help-retailers-avoid-ring-around-the-collar

Revised Amazon deal to boost Sun Country’s cargo profits

Sun Country Airlines’ cargo activity and profits will significantly improve under an amended transportation services agreement to operate freighter aircraft for Amazon’s e-commerce parcel network, an executive with the leisure carrier said Friday.

Under the revised contract announced Thursday, Amazon will place eight additional Boeing 737-800 converted freighters with Sun Country (NASDAQ: SNCY) to operate on its behalf. The retail giant also extended the contract until 2030. The aircraft, which...

https://www.freightwaves.com/news/revised-amazon-deal-to-boost-sun-countrys-cargo-profits

Delivered buys $100K in assets from defunct Point Pickup Technologies

Strongsville, Ohio-based parcel shipping company Delivered recently agreed to purchase virtually all assets from Point Pickup Technologies, months after the company closed due to bankruptcy.

According to an acquisition agreement approved by a Miami-Dade County Circuit Court judge on June 10, Stamford, Connecticut-based Point Pickup Technologies agreed to sell $100,000 in company assets to Delivered. The assets include all customer lists, software and transferable permits, most books and records,...

https://www.freightwaves.com/news/delivered-buys-100k-in-assets-from-defunct-point-pickup-technologies

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