Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. economy, a shift that could ultimately push costs onto consumers. The company said it will begin…
Your Amazon shop will soon cost more - 3.5% 'fuel and logistics-related surcharge' added due to Iran war
Amazon announces 3.5% fuel and logistics surcharge for customers in the US and nearby Two-stage approach introduces changes on April 17 and May 2 It's unclear whether the company plans to remove the surcharge when possible Amazon has confirmed the…
Amazon tells sellers it's adding a 3.5% charge to offset rising fuel and logistics costs
Amazon is adding a new charge for some sellers to offset higher fuel prices. The e-commerce giant plans to start adding a 3.5% “fuel and logistics-related surcharge” on orders it ships through its Fulfillment by Amazon service in…
Amazon Slaps 3.5% Fuel And Logistics Surcharge On Sellers To Combat Oil Price Surge - Amazon.com (NASDAQ:
Amazon (NASDAQ:) has decided to impose a 3.5% “fuel and logistics-related surcharge” on third-party sellers availing its fulfillment services. Amazon spokesperson Ashley Vanicek told the publication that the surcharge is…
Sarbananda Sonowal approves Rs 132 crore ROB at Deendayal Port to boost logistics
In a significant step towards strengthening port-led development in the country, the Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, has approved the construction of a Road Over Bridge (ROB) at LC-235 at Deendayal Port…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0701 GMT – J&T Global Express's earnings outlook remains largely intact, says Morningstar's…
Iran Conflict Turns Fuel Into Freight Market's Wild Card - TT
The price of diesel is displayed at a gas station March 19 in Hyattsville, Md. (Stephanie Scarbrough/Associated Press) Iran's takeover of the Strait of Hormuz and regional attacks have lifted fuel prices and disrupted ocean and U.S. trucking…
Q2 Update: Iran War, Depleting Munitions, And Market Outlook
Geopolitical escalation is now impacting energy infrastructure, increasing the risk of sustained supply disruptions and keeping oil and gas prices elevated. Markets appear complacent despite rising risks - equities are weakening technically, but…
Amazon Adds 3.5% Surcharge as War Drives Up Fuel Prices - TT
NEW YORK — Amazon is slapping a 3.5% fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for…
AI is rewiring the world's most prolific film industry
Welcome to the new-look movie set, where the quiet hum of a coding floor has replaced the cacophony of cameras, clapperboards and shouted directions. SCROLL TO CONTINUE WITH CONTENT The Collective Artists Network, a top talent agency for Bollywood…
It's Past Time To Privatize The Post Office
Submitted by QTR's Fringe Finance A new piece from the Cato Institute lays out how bad things have gotten at the post office, arguing that the United States Postal Service is facing a severe and worsening financial crisis. According to the article…
This 30-Year-Old Uber Employee Started a 'Scrappy' Side Hustle in Her Kitchen - It Hit $10K in 48 Hours: 'Never About Chasing a Trend'
Glabman wanted to create a functional condiment she could enjoy while navigating health issues. She boostapped her side hustle, She's The Sauce, with about $20,000 of her own savings. She's The Sauce made $10,000 in just 48 hours and now averages…
Opportunists: Amazon Tacks on 3.5% Fuel Surcharge for Sellers
Amazon is implement a new fuel surcharge affecting third-party sellers who rely on its fulfillment network. The online giant will charge sellers an additional 3.5 percent fee to account for what it calls “elevated costs in fuel and…
Amazon Adds Fuel Surcharge as Iran War Drives Oil Prices Up
Amazon sellers are being hit with a new fuel fee as global oil prices surge during the Iran conflict. As the war continues to rattle global oil markets, the retail giant has introduced a new 3.5% fuel surcharge tied directly to rising logistics…
Amazon to slap a 3.5% surcharge on third-party sellers as Iran war drives up fuel prices
NEW YORK -- Amazon is slapping a 3.5% fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for many of…
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