Amazon Air axes smaller-volume routes while boosting US hub flows
Like the integrated express carriers, Amazon is transforming its air network, reducing flights but boosting ...
Amazon is investing $1bn “to spur supply chain, fulfillment, and logistics innovation and further improve the customer and employee experience”, the company said today.
The “venture investment program” is called Amazon Industrial Innovation Fund (AIIF).
The group added:
“As customers increasingly shop online and look for even faster delivery, Amazon continues to invent new ways to raise the bar on customer and employee experience while working with other companies focused on those fields.
“Amazon has invested and innovated substantially over the last two decades in next-generation technology in its operations. This new fund is one of the ways Amazon continues to invest, along with many other initiatives, such as the MARS and re:MARS conferences that Amazon hosts every year. The conferences bring together innovative minds in machine learning, automation, robotics, and space to share new ideas across these rapidly advancing domains.”
'Mass-casualty incident' as Maersk box ship destroys Baltimore bridge
Shock for CMA CGM as a deputy CEO decides to quit
Diversions from Red Sea proving a real ‘silver lining’ for carriers
Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion
Could the Dali have suffered a power loss before bridge crash?
Strike paralysing Finnish ports extended after talks collapse
DB Schenker makes 'positive contribution' to DB – but it's an odd fit
Niche players continue to risk Red Sea transits with new services – at a price
Maersk reacts to calmer market and restores standalone transpacific loop
Indian Customs to auction uncleared export boxes at Nhava Sheva
MSC and FedEx face $11m fine for 'unfair charges' to shipper
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article