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Despite the numerous challenges facing the current market, proactive measures and forward-looking strategic planning could enable the shipping industry to discover new growth opportunities amidst volatility, providing robust support for global trade facilitation. With gradual market adjustments and concerted efforts from all parties, there is reason to cautiously optimistic about the future of the shipping industry.
We went inside Amazon's state-of-the-art New York City fulfillment center, the first of its kind in New York State. Take a look!
FedEx executives have made it clear in recent months that the company views Amazon as a competitor rather than a partner.
In recent months, FedEx executives have made it clear that it views Amazon as a competitor rather than partner.
Observers say Amazon is building a logistics empire to compete with UPS and FedEx. And this Anchorage expansion is suggestive of an even bigger move.
FedEx decided not to renew its Express shipping contract with Amazon. According to Moody's, that's still the right move.
Amazon is already investing hundreds of millions to pay for its one-day shipping evolution. It could pass some of that cost on to consumers.
Amazon's shift to one-day shipping could be a challenge to drug and convenience stores.
Amazon is planning to hire hundreds more people in the coming months to open and run courier businesses delivering packages for the tech giant.
Amazon delivery drivers are bracing for big changes as Amazon moves to cut its Prime two-day shipping promise to one day.
It's a great option to use if you regularly order from Amazon, aren't in a rush to receive your item immediately, and want to reduce packaging waste.
Just as the rest of retail finally caught on to two-day shipping, Amazon is upping the ante to one-day.