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The company’s combative approach to its relationship with its workforce is one issue, as are structural labour shortages, but Amazon is also losing staff to rival retailers and logistics providers offering better terms. “Amazon’s attrition rates were 123% in 2019 before jumping to 159% in 2020...
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This insightful article in The Intercept explains what is being considered by US lawmakers to stem the powers of the box lines, which will be voted on next week. Well worth a read. Read more... ...
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This means that certain firms are dominating cash inflows – $2.5bn for Indonesia’s J&T Express, $1.5bn for Lalamove, another billion for Flexport – and are also beginning to deploy these war-chests in M&A: $2.8bn was spent by star-ups in the US alone in 2021 on acquisitions. All of whi...
The two countries are also working on a joint-venture rail company in a bid to help Ukraine continue exporting – a challenge since the Russian invasion. Ukraine’s President Zelenskiy said the joint customs plan was a first part of a possible integration of the country into the EU. Reuters report...