You Searched For "Amazon"
UPS to cut 20,000 jobs, Q12025 revenue flat
UPS announced plans to reduce 20,000 operational positions during 2025 and close 73 leased and owned buildings by...

UPS to reduce Amazon business by 50%, stock tanks 14%
UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon...

Derek Lossing, Founder, Cirrus Global Advisors & Industry Advisor for Ecommerce & Transportation
Derek Lossing founded Cirrus Global Advisors, which supports air cargo, cross-border, and e-commerce companies with...

Amazon starts drone delivery in Arizona
Amazon customers in the West Valley Phoenix Metro Area of Arizona are now receiving Prime Air drone deliveries from its...

Maersk opens first bonded warehouse in Vietnam
Maersk opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. Operated by Maersk...

Besso appoints Michiel Kalverkamp as Chief Customer Officer
Besso, a Swiss startup aiming to simplify global trade compliance through Artificial Intelligence (AI), announced the...

Dave Clark launches logistics startup Auger, raises $100mn
Dave Clark, former CEO of Flexport and CEO of global consumer business at Amazon, announced the launch of a...

Can LEO satellites transform how global supply chains work?
"We see an ever-increasing need for digital solutions – not just since the pandemic, but surely further accelerated by...

ATSG Q22024 net earnings drop 80% on lower block hours, returns
Air Transport Services Group (ATSG) reported an 80 percent decline in net earnings for the second quarter of 2024 at...

Sun Country to operate 8 more B737-800 cargo aircraft for Amazon
Nasdaq-listed Sun Country Airlines signed an amended and restated air transport services agreement with Amazon,...

Amazon drones can now fly farther following FAA approval
The Federal Aviation Administration (FAA) has given Prime Air additional permissions that allow it to operate drones...

Cargo Shots by The STAT Trade Times - 10 May 2024
Cargo Shots by The STAT Trade Times powered by Group Concorde - 10 May 2024Our pick of the best news that made headlines...
