Payments News
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Companies

Amazon’s New Multistory Warehouse Aims to Cut Delivery Times

“Amazon.com Inc. has agreed to take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days. While common in densely-populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where higher land and […]

On The Web

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Deals

Whitebox Raises $5M for Its E-commerce Logistics Platform

“The company works with both startups and more established brands, giving them the tools they need to run direct-to-consumer e-commerce businesses. Customers include McCormick, Starbucks, KitchenAid, Bare Bones and Super Coffee-maker Kitu. As Startzel put it, “All our clients need to do is send us their product, and then we take care of everything.” That includes listing […]
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Use

Welcome to Walmart. The Robot Will Grab Your Groceries.

“In the backroom of a Walmart WMT -0.33% store in Salem, N.H., is a floor-to-ceiling robotic system that the country’s largest retailer hopes will help it sell more groceries online. Workers stand on platforms in front of screens assembling online orders of milk, cereal and toilet paper from the hulking automated system. Wheeled robots carrying small […]
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Use

Warehouse Hiring Surges on Rising E-Commerce Demand

“Warehouse operators stepped up hiring in April as e-commerce demand drove up employment in distribution centers even as job growth across the rest of the freight-transportation sector slowed. Warehousing and storage companies added 5,400 jobs last month, according to preliminary figures the Labor Department reported Friday, the fourth straight month of growth in a sector […]

On The Wires

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