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01 Apr, 2020
Amazon's Reportedly to Launch Own Delivery Service; FedEx and UPS Shares Slide
Amazon.com Inc. (NASDAQ: AMZN) is reportedly preparing to launch its own delivery service, which directly competes against United Parcel Service Inc. (NYSE: UPS) and FedEx Corp. (NYSE: FDX), according to The Wall Street Journal.Shares of UPS fe..
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Amazon Introduces Amazon Key
Amazon.com, Inc.’s (NASDAQ: AMZN) new system called Amazon Key will have the ability to drop off packages directly into shoppers’ homes where users can use a lock and camera controls to allow delivery associates to bring in goods in..
China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd
For $6.3 million, China’s Cosco Shipping Holdings Co. decided to buy a controlling stake in Hong Kong based Orient Overseas International Ltd. (OOIL) This resulted in a deal that would expand China’s container shipper services, making it..
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