An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days, at an Amazon fulfillment center in Orlando, Florida, on Dec. 2, 2024. Miguel J. Rodriguez Carrillo | Getty Images Amazon is adding a 3.5% “fuel and logistics-related surcharge” to fees it collects from third-party sellers who use its…
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Sometimes, two things can be true at the same time. But U.S. President Donald Trump’s declaration…
USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt…
Postal carrier Marc Jacques delivers the mail in a neighborhood on March 19, 2026 in Miami, Florida. Joe Raedle | Getty Images The U.S. Postal Service on Wednesday said it is seeking to impose a temporary 8% fuel surcharge for package and express mail deliveries to deal with rising transportation costs, which include higher oil…
For the close to half-a-million workers at FedEx, a major AI journey is underway. The logistics giant is in the midst of a widespread AI literacy initiative that it says will make employees more knowledgeable, efficient and promotion-ready. Launched in early December in partnership with tech consulting firm Accenture, the enterprise-wide education program is also meant to spark innovation…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon has acquired Rivr, a Swiss robotics company developing machines for “doorstep delivery,” the company confirmed Thursday. Terms of the deal weren’t disclosed. Amazon quietly purchased the company earlier this week, but it didn’t publicize…
Rear view of FedEx delivery truck with logo parked on city street, Dogpatch Neighborhood, San Francisco, California, February 25, 2026. Smith Collection/gado | Archive Photos | Getty Images FedEx on Thursday reported strong fiscal third-quarter results that beat Wall Street’s expectations. The company also raised its guidance for fiscal 2026, projecting revenue growth of 6%…
European companies that import semiconductors from Asia are tapping into backup stores and paying more for deliveries as the Iran war causes disruption to air freight routes through the Middle East, industry insiders have told CNBC. The Iran war has caused turmoil to cargo routes as shipping and airports have been targeted since the war…
An Amazon worker unloads packages in New York, Nov. 29, 2024. David Dee Delgado | Getty Images Amazon on Wednesday addressed its business relationship with the U.S. Postal Service, saying in a blog post that contract renewal negotiations with the carrier fell apart in December when the Postal Service “abruptly walked away at the eleventh…
