Amazon expands logistics reach with move into ocean shipping


Just great: Now we have no idea if all those glowing reviews on Amazon sellers' pages are authentic.

SAN FRANCISCO: Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the US Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to US shoppers. 

The registration is the latest indication that Amazon plans to expand its logistics reach to cut costs for its retail business and potentially provide third-party logistics services to other industries. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
Synopsys sells software integrity unit for $2.1 billion to PE group
Robinhood Crypto gets Wells notice from US SEC
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Grayscale Bitcoin Trust's shares jump after first inflow since January
Lamborghini bros no more: Crypto is creating a new wealth effect
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Microsoft ties pay for top bosses to meeting cybersecurity goals
JPJ: Bjak not authorised to offer road tax renewal services
TikTok’s boss goes from reserved tech exec to Met Gala chair

Others Also Read