Lt. Gen. Mark Simerly, who is retiring after two-plus years leading the Defense Logistics Agency, said the agency is operating with more precision today.

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Army logistics leaders met at Anniston Army Depot in Alabama from August 25 to 27 to work through readiness problems across the service’s rail network, the system the Army relies on to move tanks, other heavy equipment and munitions to where they’re needed. The summit brought together Army Sustainment Enterprise leaders and technical experts to […]

Amazon is quietly accumulating a stake in Einride, the Swedish electric trucking company that said Tuesday it will deploy 500 Tesla Semis for Amazon and other customers.

Einride’s SEC filings show Amazon holding warrants for 25.2 million shares — about 12% of the company — that vest as Amazon buys freight services. The company’s financial report Tuesday, its first since going public in June, has the warrants on its books for the first time.

An Einride spokesperson confirmed that a “warrant contract asset” of 1.5 billion Swedish kronor (roughly $160 million) on the company’s balance sheet represents the Amazon warrants. It is the largest single asset on Einride’s books, worth more than its trucks and more than its cash.

At the same time, Einride is relying heavily on Amazon for growth, forecasting a 60% to 73% year-over-year revenue increase in the second half, “fueled by the Amazon ramp and other deployments in the U.S. and Europe,” as the company said in its earnings release.

Amazon announced in April that Einride would deploy 75 electric trucks with charging at five U.S. sites in its middle-mile network, the leg between warehouses and delivery stations.

Tesla Semi rollout: Einride also said Tuesday it will deploy 500 Tesla Semis across North America, calling it the largest deployment of Tesla’s electric big rigs in the world to date. The trucks will serve Amazon and other Einride customers on freight corridors in California, Texas, New Jersey, Illinois and Georgia, rolling out in phases over two years beginning in September, financed by third parties.

Tesla Semis are already hauling some Amazon freight. Nevoya, an all-electric trucking carrier based in Southern California, says it runs Amazon loads using Tesla Semis.

Amazon’s electric semis: Amazon has been turning to other manufacturers to electrify its freight network beyond the last-mile delivery vans it buys from Rivian. It deployed nearly 50 Volvo electric semis at Southern California ports and ordered more than 200 electric big rigs from Mercedes-Benz for Europe, part of a pledge to reach net-zero carbon across its operations by 2040.

Einride, for its part, doesn’t sell trucks. It buys and finances them, hires the drivers or contracts carriers, builds the charging infrastructure, and hauls a customer’s freight for a fee — using its own software, called Saga AI, to plan routes around charging windows and battery range.

The pitch to a shipper like Amazon is that it gets electric trucking capacity without purchasing vehicles itself or creating electric charging infrastructure.

Long-term autonomy: Einride is also one of a small group of companies running fully driverless trucks in commercial service in the U.S., with Level 4 autonomous vehicles operating in Ohio and more than 5,400 driverless hours logged for customers as of June 30.

The trucks hauling Amazon’s freight, however, have drivers, as will the Tesla Semis, for now. Tesla CEO Elon Musk said on the company’s July earnings call that self-driving capability for the Semi is about a year away. That timeline would fall inside Einride’s two-year rollout.

Einride’s Amazon deal: Roozbeh Charli, the Einride CEO, said on the earnings call Tuesday that the April announcement with Amazon brought a wave of new business.

The takeaway for customers about Einride was, “If these guys can handle the complexity of Amazon’s network, they can handle ours,” he said, explaining that there was “quite a lot of inbound” following the news.

Charli said customers rarely specify hardware, and that Einride selects truck platforms based on the routes and the data. That would suggest Einride chose the Tesla Semis, not Amazon.

The Amazon warrants did not come up on the call. The terms have been technically public since April, buried in an exhibit to Einride’s merger filings with the SEC, but haven’t been previously reported, in part because Einride’s prospectuses refer to Amazon as “the Specified Party.”

Amazon’s financial arrangement with Einride follows a pattern.

• The company struck a similar deal with Plug Power in 2017, taking warrants for up to 55.3 million shares that vested as Amazon bought fuel-cell equipment for its warehouses.
• Amazon invested in Rivian in early 2019, then ordered 100,000 electric delivery vans from the startup later that year. The company owns about 12% of Rivian today.

Amazon did not respond to questions about the arrangement.

Editor’s Note: This story has been updated with comment from Einride. It was also corrected to note that Tesla Semis already haul Amazon freight for Nevoya, an electric trucking carrier.

Affecting European contract logistics operations at eight Ceva warehouses, the incident caused shipment delays for multiple customers.

The post Ceva Logistics Operations Disrupted by Cyberattack appeared first on SecurityWeek.

Handling fewer packages for Amazon is boosting the financial outlook for UPS, as CEO Carol Tomé said Tuesday that the delivery giant has successfully completed its planned volume pullback and is pivoting toward higher-margin shipments.

“I want to thank all UPSers for their extraordinary work over the past 18 months as we successfully completed our Amazon glide-down and related network reconfiguration initiatives as designed,” Tomé said in the company’s second quarter earnings release.

The “glide-down” caps an 18-month UPS strategy initiated in early 2025 to scale back low-margin e-commerce shipments for Amazon. During the pandemic peak, Amazon generated over 13% of UPS’s total revenue, but executives repeatedly pointed to that low-yielding volume as “extraordinarily dilutive” to profit margins.

Last year, Tomé addressed UPS’s 30-year relationship with Amazon, saying, “They are our largest customer, but they’re not our most profitable customer.”

Speaking on CNBC on Tuesday, Tomé confirmed that Amazon now accounts for roughly 9% of UPS’s business, marking the completion of the planned pullback.

Asked about Amazon’s growing footprint as a direct logistics rival through Amazon Shipping, Tomé dismissed concerns that the e-commerce giant was poaching core customers, drawing a sharp distinction between network strengths.

While Amazon thrives in lightweight, short-distance urban deliveries, Tomé emphasized that UPS maintains an edge across “every other place” — from complex B2B routes to time-sensitive cold chain logistics. By shedding roughly 2 million lower-margin Amazon packages per day, UPS says it freed up critical capacity across its ground and air networks.

UPS posted second-quarter revenue of $22.8 billion — a 7.6% increase year-over-year that topped Wall Street estimates. The courier raised its full-year 2026 revenue forecast to approximately $91.2 billion (up from $89.7 billion).

Despite the earnings beat and raised guidance, UPS shares dropped nearly 5% in early trading as investors weighed transformation costs and broader consumer spending concerns.

Amazon reports its second-quarter earnings on Thursday.