Update from Amazon CEO Andy Jassy on Generative AI
Written by Andy Jassy, CEO of Amazon, and published today (17 June): (The message below was ...
So Amazon is effectively being heavily subsidised – allowing it to buy cheap and sell cheap, while making a fortune. That will come as no surprise. But the amount is more shocking than the fact itself. According to this article, Citigroup analysis shows that Amazon underpays the US Postal Service (USPS) by $1.46 per parcel. That – along with the significant investments the USPS has had to make to ensure it can deliver for Amazon – has led to $60bn ...
New Middle East conflict brings airspace closures, flight chaos and oil price worry
DHL Express facilities in Canada forced to shut down by strike
BYD launches logistics subsidiary – and eyes ports and shipping sectors
Shippers wanting a return to Suez should be careful what they wish for
New ocean capacity dump wipes out transpac gains
China pushes Cosco participation in consortium eyeing Hutchison buy
Congestion at Chittagong as boxes pile up on docks and ships wait at anchor
News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama
Comment on this article