Group Fryer!Amazon FBA will add 5% surcharge

It is reported that on April 13, Amazon issued an announcement saying that from April 28, Amazon will impose a 5% fuel and inflation surcharge on US sellers using its FBA service, which will apply to all categories, such as clothing, dangerous Goods, small and light items.

This time, Amazon imposed fuel and inflation surcharges for the first time, mainly due to the conflict between Russia and Ukraine, rising dollar inflation and shrinking profits . But it is not a permanent increase in fees, and may be canceled when future profits recover.

Source: AMZ123

Walmart, Costco, Target and other U.S. stores have limited purchases of some products

On April 13, according to foreign media reports, shortages , price increases and other supply chain problems for some products still plague retail stores across the United States. Retail giants such as Walmart, Costco, Target and Kroger have begun limiting purchases on some products. Restricted products include infant formula, sugar, gasoline, pet food and more.

It is worth mentioning that Costco recently released its March sales results . For the five weeks ending April 3, 2022, retail monthly net sales in March were $21.61 billion, an increase of 18.7% from last year's $18.21 billion, the data showed. For the 31 weeks ended April 3, 2022, the company reported net sales of $130 billion, up 16.7% from $111.37 billion a year earlier.

Source: E-commerce News

Amazon's media platform "IMDb TV" will be renamed

On April 14, according to CNBC reports, in 2019, Amazon entered the ad-supported video streaming market through IMDb TV. On April 27, IMDb TV will change its name to "Amazon Freevee," a name that better reflects the free nature of the service.

During the pandemic, the ad-supported video-on-demand (AVOD) space has gained momentum as consumers stream more movies and shows.

According to reports, Amazon is ready to take a two-pronged approach to grab the streaming media market cake . The first is the Prime Video service, which requires a paid subscription to watch. Next is Amazon Freevee, which is free but with built-in ads.

Source: E-commerce News

FedEx wins two awards at Asia Pacific Bioprocessing Excellence Awards 2022

FedEx Express, a subsidiary of FedEx Corp, has been recognized as the "Best Clinical Trial Logistics Provider" and "Best Last Mile Implementation" 2022 awards at the annual IMAPAC Asia Pacific Bioprocessing Excellence Awards. These two awards recognize FedEx 's exceptional healthcare expertise , service and technology that promote excellence in biomanufacturing with faster speed , lower cost and superior quality .

FedEx was shortlisted among the top five logistics providers for both awards, becoming the winner of both awards, with nominations reviewed by IMAPAC's Scientific Committee.

Source: Air Cargo Weekly