Amazon: 2023 letter to shareholders
Published today, 11 April, the full letter can be downloaded here.
In a good example of the dangers of e-commerce shipments, Amazon may have to pay $350,000 in fines after the FAA accused it of violating dangerous goods rules. Amazon is said to have shipped a corrosive drain cleaner via UPS, which leaked when moved and caused mild burns to nine UPS staff. The FAA alleges that the product was not properly packaged and labelled and had no shipper’s declaration. It also suggestz that Amazon employees had not been properly trained. The FAA said Amazon had a “history” of violations, and accused it of breaking the rules on hazardous materials 25 times between February 2013 and September 2015.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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