trending Market Intelligence /marketintelligence/en/news-insights/trending/zVKlFs9krEdQXi6DpxTNYg2 content esgSubNav
In This List

Report: Amazon starts managing ocean freight

Blog

Japan M&A By the Numbers: Q1 2022

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles


Report: Amazon starts managing ocean freight

Amazon.com Inc. has been managing shipments to its U.S. warehouses by ocean from Chinese merchants since October 2016, The Wall Street Journal reported Jan. 25.

According to shipping documents collected at ports of entry that were compiled by Ocean Audit, the online retailer has managed nearly 150 containers of goods from China. Amazon has also been posting rates at Distribution-Publications Inc. for new services such as sorting, labeling and trucking shipments under the name of its Chinese subsidiary, Beijing Century Joyo Courier Service Co.

According to the report, the company intends to lease 40 cargo jets and also acquired branded semi-trailers.