Yellow’s $25 Million Debt Crisis: Top Unsecured Creditors Revealed
Dive into Yellow’s $25 million debt crisis. Learn about the major unsecured creditors, the implications of their bankruptcy proceedings, and the future of the company.
Tagged: Amazon
Warehouse Demand At Record Level
Warehouse demand at record levels. Driven by rising e-commerce demand and related one and two-day shipping demands, the need for new warehouses has never been higher. Real estate services firm JLL published a survey…
Amazon Wants More Tractor-Trailers
Amazon is planning to launch an “Amazon Freight Partners” program to help train delivery upstarts that would, in turn, join Amazon’s fleet of exclusive delivery partners, per a new report from The Information. The e-commerce…
Amazon Adding More Than 700 CNG Trucks
Amazon Inc. is adding more than 700 compressed natural gas (CNG) trucks to its fleet as it looks for ways to reduce emissions in its operations, according to industry reports. Due to various degrees of…
Detroit Gets Amazon Center
Amazon.com. Inc. will spend $400 million to build a 3.8 million-square-foot distribution center on 70 acres of the former Michigan State Fairgrounds in Detroit, city officials said recently. The facility, set to open in mid-2022…
Amazon Rolls Out Freight Brokerage
Amazon last month rolled out its freight brokerage operation nationwide, a strategic move that not only brings the company into competition with other large digital brokerages like Uber Freight and Convoy, but also is intended…
Amazon Drawing Competitors Across U.S.
With $40 million in new investments announced in September, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion, starting with a new fulfillment warehouse in Cicero, Ill., and a push to hire 100 people in
