Amazon is making a major monetary commitment to its businesses across India, including artificial intelligence. The online giant has pledged to invest more than $35 billion into its Indian operations through the next five years, building on nearly $40 billion it has invested in the country so far. This investment will focus on business expansion as well as three strategic pillars of AI-driven digitization, export growth, and job creation. In May 2023, Amazon said it would commit $12.7 billion to expand its cloud infrastructure in India by 2030. The company also debuted its Amazon Now 15-minute ultrafast delivery service in India and is expanding its use of AI-based refrigeration monitoring

National Average Price for Regular Unleaded Current: $3.385; Month Ago: $3.446; Year Ago: $3.543. National Average Price for Diesel Current: $4.451; Month Ago: $4.636; Year Ago: $3.962.

UPS announced fourth-quarter 2023 consolidated revenues of $24.9 billion, a 7.8% decrease from the fourth quarter of 2022. Consolidated operating profit was $2.5 billion, down 22.5% compared to the fourth quarter of 2022, and down 27.1% on an adjusted basis. Diluted earnings per share were $1.87 for the quarter; adjusted diluted earnings per share of $2.47 were 31.8% below the same period in 2022. For the fourth quarter of 2023, GAAP results include a total charge of $512 million, or $0.60 per diluted share, comprised of a non-cash, after-tax mark-to-market (MTM) pension charge of $274 million, after-tax transformation and other charges of $154 million, and a non-cash, after-tax impairment charge of $84 million related to our Coyote trade name in our truckload brokerage unit.