London-based freight forwarding and supply chain finance company Beacon has attracted funding from Amazon founder Jeff Bezos. The start-up, launched in 2018 by two former Uber executives, has raised over $15m (£12m) in its first funding round, attracting heavyweight investors which include Jeff Bezos, former Google chief executive Eric Schmidt and US venture capital firm 8VC. Beacon aims to disrupt the freight forwarding industry which it says is a “highly fragmented” market, in which the top ten forwarders globally control […]
Amazon is ramping up its distribution network in time for the Christmas rush, opening a second fulfilment centre in Doncaster. The internet giant said the new site, which is Amazon’s tenth UK fulfilment centre, will create 300 permanent jobs over the next three years.
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The old saying that you make your own luck could easily have been written for distribution specialist Archbold Logistics.