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

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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