Amazon Cuts Jobs As Economic Growth Slows

Amazon Cuts Jobs As Economic Growth Slows

Amazon plans to lay off approximately 10,000 employees, the largest layoff in the company's history, affecting departments such as smart devices, retail, and human resources. This move aims to address slowing growth and economic recession pressures. In addition to layoffs, Amazon is also freezing hiring, halting expansion, and canceling some projects. The tech industry as a whole faces challenges such as slowing growth and rising costs, and many companies have already announced layoffs.

01/06/2026 Logistics Industry Insights
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Middle Easts Noon Cuts Jobs Amid Ecommerce Slowdown

Middle Easts Noon Cuts Jobs Amid Ecommerce Slowdown

Middle Eastern e-commerce giant Noon has announced a 10% workforce reduction, primarily affecting its marketing and advertising departments. Founder Alabbar stated that this move aims to reduce costs and improve efficiency. Despite previously securing $2 billion in funding, Noon's improved profit margins mean this capital is currently not needed. This layoff is part of a broader trend of cost-cutting measures among global tech companies and may signal a strategic shift for Noon.

01/06/2026 Logistics Industry Insights
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US Customs Clarifies Import Rules for Smartwatches and Drones

US Customs Clarifies Import Rules for Smartwatches and Drones

The Harmonized System Committee of the World Customs Organization has released its latest commodity classification decisions, clarifying the customs classification standards for high-tech products such as smartwatches and drones. This move helps companies accurately declare import and export goods, reduce trade risks, and promote the improvement of international trade rules. It provides clearer guidelines for customs authorities and businesses alike, ensuring consistent application of tariffs and trade regulations for these rapidly evolving technologies.

02/03/2026 HS Code Query
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Chinas FDI Inflows Surge Amid Strong Economic Growth

Chinas FDI Inflows Surge Amid Strong Economic Growth

In the first half of 2022, China's actual use of foreign capital increased by 17.4% year-on-year, with high-tech industries showing significant growth, indicating foreign investors' confidence in China's economic transformation and upgrading. Investment from major economies like South Korea, the United States, and Germany increased, with a more balanced regional distribution and particularly strong growth in the western region. The attractiveness of the Chinese market to foreign investment continues to strengthen.

02/03/2026 Logistics Industry Insights
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Kroger Invests 400M in Kentucky Logistics Hub

Kroger Invests 400M in Kentucky Logistics Hub

Kroger plans to invest nearly $400 million in Franklin, Kentucky, to build a high-tech distribution center. This initiative aims to enhance supply chain efficiency, optimize store replenishment capabilities, and create approximately 430 jobs in the local community. This project is a key component of Kroger's supply chain transformation strategy, demonstrating its commitment to community engagement and social responsibility. It also reflects Kroger's determination to innovate and adapt in a highly competitive market.

01/15/2026 Logistics
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Oags Flight API Boosts Datadriven Travel Industry Growth

Oags Flight API Boosts Datadriven Travel Industry Growth

The OAG Flight Info API product demo webinar replay is now available! This event highlights the OAG Metis cloud platform, how APIs empower OTAs, travel management companies, and travel tech businesses, and the new seat prediction functionality and product roadmap. Watch the replay to learn how to leverage travel data to drive business growth. Discover how OAG's API solutions can optimize your operations and enhance customer experiences with accurate and timely flight information.

01/07/2026 Logistics Industry Insights
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Xiaomis EV Expansion Disrupts Global Auto Industry

Xiaomis EV Expansion Disrupts Global Auto Industry

Xiaomi Auto's market capitalization has surpassed BYD, ranking third globally. Lei Jun's "Human-Vehicle-Home Ecosystem" strategy signifies a disruptive revolution by a tech giant in the traditional automotive industry. Xiaomi's ultimate goal is to build a scalable, compatible, and sustainable digital life infrastructure, transforming traffic dividends into long-term hardware loyalty and service barriers. In the future, the competitive focus of the new energy vehicle sector will be on comprehensive underlying ecosystem capabilities.

01/27/2026 Logistics Industry Insights
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Hightech Logistics Firms Face Modern Slavery Risks in Supply Chains

Hightech Logistics Firms Face Modern Slavery Risks in Supply Chains

Forced labor risks exist within high-tech logistics supply chains. Companies need to improve supply chain management, strengthen communication, and implement ethical recruitment practices. Multi-stakeholder participation and oversight are crucial to achieving a sustainable supply chain. Addressing these risks requires proactive measures and collaboration to ensure ethical sourcing and responsible business operations. Companies must prioritize transparency and accountability throughout their supply chains to mitigate the potential for forced labor and promote corporate social responsibility.

01/29/2026 Logistics Industry Insights
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Staples Canada Streamlines Logistics for Ecommerce Growth

Staples Canada Streamlines Logistics for Ecommerce Growth

Staples Canada successfully modernized its logistics fulfillment by introducing Autonomous Mobile Robot (AMR) technology and optimizing data-driven operational decisions. The company achieved significant improvements in picking efficiency, reduced error rates, enhanced employee experience, and increased order processing capacity. This transformation provides valuable lessons for other businesses looking to optimize their fulfillment operations through automation and data-driven strategies.

02/11/2026 Warehousing
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Zibo Hightech Zone Offers Prime Cold Storage for Premade Food Firms

Zibo Hightech Zone Offers Prime Cold Storage for Premade Food Firms

Qilu Prepared Food Science and Technology Innovation Park in Zibo High-tech Zone offers 52,000㎡ of professional cold storage for rent, starting from ¥1.8/ton/day. Located in the bonded zone with convenient transportation and complete facilities, this cold storage utilizes intelligent management and provides services such as sorting and palletizing. It is suitable for prepared food companies, fresh food e-commerce businesses, and more. The facility boasts significant advantages in terms of scale and geographical location.

09/28/2025 Warehousing
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