Plus: Three USDOTs, one apartment draws scrutiny, cargo theft tops $6.6B, lumber and furniture tariffs bite, and more in today’s newsletter.
Plus: trucking attorney warns carriers and brokers to tighten compliance, tariffs take a toll on U.S. import volumes, semi-truck orders plunge 44%, and more.
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Amazon unveils plans for a low-cost storefront featuring Chinese sellers' products, aiming to compete with Temu and Shein in the U.S. market.
The e-commerce giant, Amazon, is gearing up to launch a budget-friendly storefront that'll go head-to-head with Temu and Shein.
Amazon's new section will be packed with low-cost, unbranded items. This will cover fashion, home goods, and gadgets - all at wallet-friendly prices.
Products will ship straight from Chinese sellers to U.S. shoppers, cutting costs and delivery times.Using Shein's playbook, Amazon will let sellers test products in small batches.
Why the Budget Push? Temu and Shein have been stealing the spotlight (and customers) with their rock-bottom prices. Amazon wants to crush its competition.
Walmart and Amazon lead the 2025 U.S. retail rankings, as stable leadership among top retailers.
Walmart faces stiff competition from Amazon as it seeks new revenue streams and innovative strategies to maintain its lead in the retail sector.
With FAA approvals, drone delivery is set for expansion in the U.S., promising a future of efficient, eco-friendly parcel distribution.
Target's stock reaches a new high with impressive holiday quarter sales and a return to robust gross margins, signaling a strong consumer market.
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