Industry News

The layoffs at the company's Cayuga Road shipping center will take effect Aug. 3, according to a WARN notice filed with the state Department of Labor.

² Reported as “Net Income”. Revenue growth was driven by higher unit sales and price realization across core product lines. Management noted an accelerated shift to direct-to-consumer and digital channels, increasing the online mix and reducing third-party distribution costs.

In that same time, the Transportation sector gained 5.57%, while the S&P 500 gained 0.55%. Simultaneously, our latest consensus estimate expects the revenue to be $21.75 billion, showing a 2.5% escalation compared to the year-ago quarter. Investors should also take note of any recent adjustments to analyst estimates for United Parcel Service.

Ukrainian drones struck logistics warehouses and an oil depot deep in Russia's Moscow Oblast overnigh t, setting off a wave of fires, monitoring channels reported. It has spent the war battering Ukraine's postal hubs, supermarkets, and warehouses, and Ukraine has answered by pushing its long-range drones ever deeper toward Moscow and as far as the Ural region — a campaign treating the logistics and fuel network sustaining Russia's war economy as fair game. Ukrainian Defense Forces drones hit an oil depot and four logistics warehouses near Moscow, Militarnyi reported, adding that local residents recorded at least five separate fire sites.

All rights reserved) ATASCOSA COUNTY, Texas – A woman allegedly stole an Amazon delivery truck in Bexar County and drove it to Atascosa County before she was later taken into custody, the Atascosa County Sheriff’s Office said on Sunday through a news release on social media. The sheriff’s office said a woman, who has not been identified, stole the vehicle in San Antonio. The woman drove the Amazon truck with packages inside to northern Atascosa County where the drive would come to an erupt end, according to the news release.

In 2020, Miami-Dade County conveyed public land at 27505 SW 132nd Avenue to Amazon for $22 million, based on its appraised value, under a deal that required Amazon to create and maintain at least 325 full-time jobs paying an average of $32,000 per year, according to the official Miami-Dade County press release on the enforcement action. The next-generation design, first deployed at Amazon's Shreveport, Louisiana facility in late 2024, is architecturally different in ways that cannot be retrofitted around live operations. The plan calls for replicating the Shreveport robotics design across approximately 40 facilities by the end of 2027.

Amazon will shut down operations at its Port St. Lucie fulfillment center later this year, laying off nearly 500 employees as the company prepares a major renovation and expansion of the warehouse. The company filed a Worker Adjustment and Retraining Notification Act notice with the state and the city of Port St. Lucie. According to the notice, the layoffs will begin Sept. 17 and continue through Dec. 17.