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Amazon crushed its earnings with a recorded unexpected profit of $79 million, twice in a row so far, and made CEO Jeff Bezos $5 billion richer and the third richest man in the U.S.

Today is Amazon Prime Day, a one-day shopping event, with more deals than Black Friday for Prime members who can shop exclusive deals from electronics, toys, video games, movies, clothing, patio, lawn and garden, sports and outdoor items and more.

As an industry, logistics is ripe for technology-driven disruption, and no company is better at leveraging technology to broaden margins than Amazon - logistics and delivery companies should be tracking these early days of Amazon‘s logistics play like hawks.

Amazon’s investments in freight forwarding and air transport present new competition to logistics providers, here’s how freight forwarders and air cargo companies can adapt and survive.

Already one of the country’s biggest employers, Amazon plans to grow its full-time U.S.-based workforce from 180,000 in 2016 to over 280,000 by mid-2018, and with over 10,000 military veterans already work at Amazon and last year the company pledged to hire and train an additional 25,000 veterans and military spouses over the next five years.

According to Bloomberg, Amazon is expanding its FBA Onsite service, previously called Seller Flex, to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according.

At the Amazon Web Services Summit (AWS) in New York City yesterday, Werner Vogels, CTO of Amazon, spent two hours explaining why the cloud changes the game for application developers.

Amazon can be seen as a greener option than traditional storefront retailers because it does not need to operate physical locations. Also, Amazon’s transportation logistics and distribution center efficiencies may reduce the life-cycle energy use of consumer products. If Amazon can embrace sustainable practices, it has the potential to improve the buying experience for customers and differentiate itself further from the competition.

Amazon's stock is tanking after the company delivered disappointing second-quarter earnings, including enormous predicted losses for next quarter.

Internet giant Amazon.com, which got its start selling books online, confirmed that it will open its first-ever brick-and-mortar bookstore at Seattle’s University Village.

Amazon global logistics will run on Infor, says the enterprise software giant, which expects to finish moving core products to multi-tenant SaaS this year.

CNBC's Jim Cramer discusses two stocks that could benefit big time from Amazon's Prime Day sales - FedEx and UPS.

The much-anticipated Amazon Go check-out free grocery store will open its doors to the public today, having weathered challenges that delayed its launch by almost a year the enhanced AI-driven technology appears ready for the Seattle masses.

In a deal with potentially wide-ranging implications, Amazon fulfillment services, a subsidiary or e-commerce behemoth Amazon, has inked a deal with Air Transport Services Group (ATSG) in which ATSG will operate an air cargo network to serve United States-based customers.

Fulfillment by Amazon (FBA) is Amazon’s fulfillment service and an incredibly powerful stimulus for the marketplace’s growth. It also offers a myriad of benefits to participating third-party sellers. With this eBook, you'll learn the benefits of FBA for third-party sellers, tips for getting started and how ChannelAdvisor can help.