Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday afternoon, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
The deal could be announced as soon as next week, according to the report.Technologyread more
President Donald Trump held "constructive" discussions on a range of economic issues including trade and national security issues.Technologyread more
Cardboard boxes are a really big deal in the U.S.
Amazon alone shipped over 5 billion packages through Prime in 2017, and in 2019, announced they are expanding their one-day delivery service to over 10 million products.
That growth has been great news for the paper and packaging industry after the move to digital devices caused a drop in the production of copy paper and newsprint.
Starting in the early 2000s, the U.S. corrugated box market faced multiple economic obstacles. The great recession dragged on box demand. And even after the recession, demand continued to slow for consumer goods like soda and for the boxes that transport them.
But box makers found a saving grace in e-commerce sales — and Amazon sales specifically, which were growing at mostly double digit rates in the recession and post-recession years.
In an effort to reduce costs and ship out an ever-increasing number of products faster, Amazon has now moved to plastic mailers and plastic bags for many of its smaller products.
Watch this video to find out more about the money behind Amazon's shipping boxes.