Warehousing confusion as Amazon cuts space allocations pre-peak
After some easing earlier in the year, warehousing constraints and pricing in the US appear ...
PG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEK
PG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEK
Over 230 cities and regions across North America have lodged proposals to house Amazon’s new (second) headquarters, the e-commerce giant announced on Monday. The raft of proposals follows the company’s announcement earlier this year that it would invest $5bn and create 50,000 jobs at what it calls “AHQ2”, according to Reuters. Amazon said bids had been received from 54 states, provinces, districts and territories across the US, Canada and Mexico. Early predictions were for an east coast site – New Jersey proposing $7bn in potential tax breaks if it were chosen. With the deadline for applications today, the company can expect a few more to enter the bidding process. But while we await Amazon’s decision, here is a piece from Forbes in which a panel of experts give their view on what the company should do. Two of the three leading contenders are Chicago and Atlanta, but Burt Sperling, of Sperling’s Best Places, suggests a more radical option: “Amazon should create its own city.”
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