Amazon announced Wednesday that it will levy a new fee on sellers who use its fulfillment services in order to offset rising fuel and other costs. Beginning April 28, online merchants who use Amazon’s shipping and warehouse service, known as Fulfillment by Amazon, will pay an additional fee of around 5% to the company. That’s on top of other fees Amazon sellers pay to the internet retailer...
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Logistics Startup Next Trucking Tries to Sell Itself
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information. Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according...
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