On Wednesday, Amazon.com Inc. (NASDAQ:AMZN) expanded its less-than-truckload (LTL) freight service across the U.S., allowing businesses of all sizes to ship palletized freight to warehouses, distribution centers, and retail partners beyond Amazon’s network. The service, part of Amazon Supply Chain Services (ASCS), supports shipments of one to six pallets and offers features including real-time GPS tracking, automated scheduling, electronic proof of delivery, and EDI integrations. Third-Party Logistics Growth Opportunity The expansion builds on Amazon’s broader push into third-party logistics, a market Bank of America estimates is worth $1.3 trillion globally. Recently, analysts said Amazon’s ASCS rollout could become a significant…
BlackBerry Ltd. (NYSE:BB) shares climbed 8.53% to $11.20 after the bell on Tuesday. According to Benzinga Pro data, the stock of the Canadian technology company had closed the day up 6.17% at $10.32 before the after-hours surge. CNBC’s Jim Cramer…
Chinese automaker BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has broken its months-long sales decline streak as the Tesla Inc. (NASDAQ:TSLA) rival bolsters its global positioning. BYD Charts May Growth The Chinese automaker reported a 0.3% growth in May sales globally to…
As NVIDIA Corp. (NASDAQ:NVDA) prepares to report its highly anticipated quarterly results on May 20, the tech giant finds itself navigating a complex geopolitical chessboard. Despite losing the lion’s share of its once-dominant 95% stake in China’s data-center GPU market…
Bitcoin (CRYPTO: BTC) ETFs posted $635.2 million in outflows Wednesday, but Thursday price action could nullify analysts’s warnings about a drop to $70,000. Biggest Daily Outflow Since Late January The fresh outflows mark the largest daily Bitcoin ETF withdrawal since…