Tag: logistics

Industry Insiders Predict Double-Digit Price Hikes on Food and Consumer Goods

October 24, 2021
CanadaCCP Virusdistributionfood pricesGroceriesinflationlogisticstransportationwarehouseWorld
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Industry insiders and experts are predicting double-digit percentage price hikes on certain food and consumer goods in 2022, continuing the current trend of a rising cost of living. Canadians can expect to see a minimum 20 percent price increase on groceries and essential products, such as food, toilet paper, pharmaceuticals, home building materials, and gasoline…

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Amazon Eyes 125K More Hires, $18+ per Hour Average Salary

September 14, 2021
AmazonBusiness & EconomyCompanieseconomyhourjobslogisticspayUSUS News
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Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. Competition for hourly workers has become fierce, and many companies are offering higher pay, sign-on bonuses and other incentives. Last week,…

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JD.com Unit Makes $513 Million Controlling Bid in China Logistics

September 3, 2021
Business & EconomyChinaChinese RegimeCompaniescontrollingJD.comlogistics
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Chinese e-commerce giant JD.com Inc.’s real estate unit has made an about HK$3.99 billion ($513.45 million) offer to buy a controlling stake in storage facilities manager China Logistics Property Holdings, the companies said in a joint exchange filing on Friday. JD Property Group offered to buy a 26.38 percent stake in China Logistics for HK$4.35…

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