The tech giant won’t go ahead with nearly 10 million sq. ft. of fulfillment and delivery centres in the U.S., according to an analysis of public records and data from a logistics consulting firm. (The Information)
Skip to content
The tech giant won’t go ahead with nearly 10 million sq. ft. of fulfillment and delivery centres in the U.S., according to an analysis of public records and data from a logistics consulting firm. (The Information)
Talking point: The cutbacks represent about 10 per cent of some 83 million sq. ft. Amazon planned to add to its U.S. footprint this year, according to MWPVL International. It expects Amazon to shave its estimated 2022 expansion plans in the country in half, or more than 30 million sq. ft. Amazon declined to comment to The Information, but the company said during its most recent earnings that it has “too much space” after doubling the size of its operations during the pandemic. The e-commerce behemoth has grown quickly to meet demand and offer fast delivery times. In Canada, its distribution network was on track to approach 20 million sq. ft. this year.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
EDC brings its big balance sheet and contact book to the AI business
Briefing
Cohere in talks to raise as much as US$3B: Report
Stellantis agrees to sell Ontario factory to armoured-vehicle maker Roshel
Fullscript ownership changes hands with two new private equity firms taking control
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
