Hits of the Week 2-8-21

| David Hurwitz

week of 2/8/21 Congress Seeks to Cut USPS Prefunding Yet another effort is underway in Congress to eliminate the costly prefunding of retiree healthcare benefits that have been an albatross … Continue Reading →

Bezos Stepping Down as Amazon CEO in Q3

| Mike O'Brien

In the midst of posting another blockbuster quarter, Amazon dropped the bombshell news that founder and CEO Jeff Bezos is stepping out of the top role in Q3 to become executive chairman. He will be replaced as CEO by AWS head Andy Jassy. Bezos started the $1.6 trillion company as a bookseller on the nascent internet in 1994.

Stalco Acquired by Canada Cartage

| Mike O'Brien

Stalco, a Toronto-based 3PL specializing in fulfillment and distribution for high-velocity ecommerce clients in Canada, the U.S. and abroad, has been acquired by Canada Cartage. Stalco will become a standalone unit within CCLS, Canada Cartage’s fulfillment and distribution division, and operated independently.

O+F Advisor 02/03/21

| David Hurwitz

week of 02/02/2021 Sustainability Efforts in Shipping Logistics Shipping logistics affect all of our lives in ways we tend not to think about. Transportation of goods across the world shapes … Continue Reading →

Hits of the Week 2-1-21

| David Hurwitz

week of 2/1/21 Retail Survey Finds Optimism, Increased Responsibilities It seems nearly all workers in retail had their job roles expanded in 2020 as the pandemic forced thousands of stores … Continue Reading →

Vertex Acquires Tellutax

| Mike O'Brien

Vertex, a provider of tax technology and services, has acquired Tellutax, a Portland, OR-based edge computing technology startup that designs technology utilizing a container architecture for business customers to deliver tax solutions. This is Vertex’ first acquisition since going public in 2020 and will help it compete with Avalara.

MCM Ecommerce & Marketing 1/27/21

| David Hurwitz

week of 1/27/21 Fast Raises $102M in Series B Round Fast, a startup that provides one-click checkout for ecommerce sellers a la Amazon and has expanded into identity and other … Continue Reading →

Hits of the Week 1-25-21

| David Hurwitz

week of 1/25/21 Amazon Files Objection to Alabama Union Vote Amazon has filed a motion with the National Labor Relations Board seeking to postpone a planned union vote next month … Continue Reading →