Published May 13, 2023 10:57AM ET Updated May 13, 2023 01:25PM ET© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal RossignolAMZN -1.71% Add to/Remove from Watchlist(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant's carbon emissions. At a time of slack consumer demand, Amazon (NASDAQ: ) and other online retailers have also been making efforts to slash costs for home delivery and returns. As the company tightens its belt after a period of explosive growth, it has made numerous moves to reduce delivery-related costs across the company.
Source: Wall Street Journal May 13, 2023 17:26 UTC