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Amazon Claims No. 1 Spot on the Fortune 500

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Amazon overtakes Walmart as America’s largest company by revenue

The Top 5 companies on the 72nd annual Fortune 500 list include Amazon, Walmart, UnitedHealth Group, Apple, and Alphabet

Women lead 11% of Fortune 500 companies, with 55 female CEOs

NEW YORK, June 3, 2026 /PRNewswire/ — Today, Fortune announced the Fortune 500™ ranking for 2026, the 72nd year of the iconic annual list of the largest corporations in the United States, ranked by revenue for the 2025 fiscal year.

Amazon has dethroned Walmart as No. 1 on the Fortune 500, ending the retailer’s 13-year reign atop the list. The e-commerce and cloud giant surpassed $700 billion in revenue in 2025 with a 12% year-over-year jump, marking a stunning rise for a company that debuted at No. 492 just over two decades ago.

While Walmart fell to No. 2 for the first time since 2012, Alphabet moved up two spots to No. 5 on the Fortune 500 and repeated as “most profitable company,” eclipsing the $100 billion profit mark for the second year in a row. The company’s $132 billion earnings figure is a record for a Fortune 500 company. UnitedHealth Group repeated at the No. 3 spot on the Fortune 500, the biggest health care company on the list. The top ten Fortune 500 companies each generated more than $320 billion in annual revenue and combined for a total of $4.5 trillion.

In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $21.0 trillion (up 5%) in revenues, $2.1 trillion (up 12%) in profits, and $55 trillion (up 19%) in market value, while employing 30.5 million people worldwide. The revenue threshold for making the Fortune 500 list was $7.5 billion this year, up 5% from a year ago.

THE TOP TEN COMPANIES ON THE 2026 FORTUNE 500 LIST ARE:

AmazonWalmartUnitedHealth GroupAppleAlphabetCVS HealthBerkshire HathawayMcKessonExxon MobilCencora

Financial companies led all sectors with 95 companies (up two from last year), and together the companies generated $4.1 trillion in revenue (up 7%) and earned more than $474 billion (up 3%) in profits last year. The healthcare sector generated a combined $3.6 trillion in revenue and accounted for eight companies in the top 25 ranked Fortune 500 companies. Twelve companies made their debut on the Fortune 500 this year, including Galaxy Digital (No. 76), Medline (No. 159), Amentum Holdings (No. 313), Venture Global (No. 328), and Arista Networks (No. 444). Carvana (No. 220) made the biggest leap on this year’s Fortune 500, moving up 94 spots from last year with 49% growth in revenue.

Nvidia (No. 16) became the first $4 trillion dollar Fortune 500 company and moved past Apple to claim the most valuable company title. It debuted on the list at No. 387 in 2017.

Fifty-five Fortune 500 companies are led by women in 2026, representing 11% of the list. Among them are some of the most recognized names in the business, including Fortune’s Most Powerful Woman, Jane Fraser of Citigroup (No. 24); Mary Barra of General Motors (No. 23), Carol Tomé of UPS (No. 48), Tricia Griffith of Progressive (No. 51); Phebe Novakovic of General Dynamics (No. 91), Thasunda Brown Duckett of TIAA (No. 94); and Sarah London of Centene (No. 19). Elevance Health (No. 18) is the highest ranked Fortune 500 company run by a female CEO; Gail Boudreaux has been its leader since 2017.

This year’s Fortune 500 companies are headquartered in 229 cities across 39 states. Texas leads all states with 57 companies and the most combined revenue at $2.8 trillion. California (56 companies) and New York (53 companies) follow close behind, but California dominates on nearly every other measure: its Fortune 500 companies are the most profitable ($647 billion), most valuable ($20 trillion), and employ more people than any other state (2.8 million workers). At the city level, New York City tops the list with 43 companies, followed by Houston (25), Chicago (14), Atlanta (13), and Dallas (11).

The complete list is online here along with the methodology, and in print on newsstands on June 16.

Describing the 2026 Fortune 500 list, Executive Editor Matt Heimer notes, “In 72 years, only four companies have ever claimed that No. 1 spot. And you can’t succeed at that kind of scale without persuading millions of people to trust you. From Amazon’s historic rise to the battles for customer loyalty at Microsoft, Boeing, and American Express, the companies featured in this issue share a common thread: They understand that size means nothing without that trust.”

The June/July issue of Fortune magazine contains other must-read features, including these: 

The 2026 100 Most Powerful Women in Business ListHow Kelly Ortberg is rebuilding Boeing from the inside out by Shawn TullyAn AI overhaul at Macy’s is fueling the 168-year-old retailer’s turnaround by Phil WahbaIntel’s new CEO cut management layers in half. The stock is up nearly 500% by Jeff John RobertsInside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup by Allie GarfinkleMicrosoft lost its way in the AI race. Can Copilot get it back on course? by Jeremy KahnThe American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition by Shawn TullyA top Blackstone executive is becoming an unlikely LinkedIn star thanks to his running videos by Rachel Ventresca

Fortune will host the Fortune 500 Innovation Forum in Detroit from Nov. 16–17, bringing together Fortune 500 leaders and startups to explore the future of innovation. Held during America’s Semiquincentennial anniversary, the forum will convene business leaders shaping the next era of growth. For more information, please click here.

About Fortune: 

Fortune is the premier global media company for global business leaders, built on a 96-year-old legacy of trusted, award-winning journalism. Independently owned, Fortune tells the story of business, spanning legacy companies to the world’s new generation of innovators. Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Fortune Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

Media Contacts:

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Chelsea Hudson
Fortune
Chelsea.Hudson@fortune.com

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GOFO White Paper Highlights Structural Shift in U.S. Last-Mile Delivery

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The white paper examines changing carrier dynamics, fragmented e-commerce demand and strategies for shippers navigating an evolving parcel market.

LOS ANGELES, Nov. 9, 2026 /PRNewswire/ — GOFO, a technology-driven global last-mile delivery carrier, highlights a structural shift in the U.S. parcel market in its industry white paper, How Fragmenting E-Commerce Is Rebuilding the U.S. Last Mile, first introduced at PARCEL Forum 2026 in September. Drawing on third-party market research, industry data and customer case studies, the report examines how changing strategies among established carriers and increasingly fragmented e-commerce demand are creating room for a broader range of delivery networks and reshaping carrier selection for shippers.

A Changing U.S. Parcel Market

According to ShipMatrix data cited in the white paper, U.S. domestic parcel volume reached 23.9 billion packages in 2025, an increase of 0.4% year over year (ShipMatrix, 2026). Amazon Logistics surpassed USPS as the nation’s largest domestic parcel carrier by volume, delivering 6.7 billion packages, up 9.9%, compared with USPS’s 6.6 billion (ShipMatrix, 2026).

Amazon’s expansion represents a significant development in a market historically dominated by UPS, FedEx and USPS. Meanwhile, UPS has been reducing lower-value Amazon volume, FedEx is emphasizing higher-value shipment segments, and USPS continues competing for lightweight e-commerce deliveries while adjusting its pricing and service mix.

On the demand side, e-commerce is becoming increasingly fragmented. According to eMarketer estimates cited in the report, Amazon accounted for approximately 40.5% of U.S. retail e-commerce sales in 2025, with the remaining 59.5% distributed across other marketplaces, retailer websites and direct-to-consumer channels (eMarketer, 2025). This diversification is creating more varied shipment patterns, fulfillment arrangements and delivery requirements.

The Rise of Alternative Carriers

As traditional carrier strategies and e-commerce demand evolve, alternative delivery networks are expanding their presence in the U.S. parcel market. ShipMatrix’s “Other Carriers” category, which includes retailers’ own delivery networks and independent regional carriers, reached approximately 2.5 billion packages in 2025, with reported growth of 13% (ShipMatrix, 2026).

The white paper identifies a range of emerging operating models, including cross-border specialists, technology-enabled urban delivery platforms and super-regional networks. Rather than following a single standardized approach, these carriers serve different geographic markets, shipment profiles and fulfillment needs.

This evolving landscape is giving shippers a broader range of delivery options. The report recommends evaluating carriers based on total transportation costs, geographic coverage, service reliability and technology integration, while maintaining diversified carrier relationships to reduce dependence on individual networks.

Customer Case Studies Highlight the Importance of Carrier Readiness

Drawing on GOFO’s experience with Dr. Squatch and ShipMonk, the white paper illustrates how alternative carriers can support shippers when existing delivery arrangements are disrupted.

According to the case studies, Dr. Squatch expanded its relationship with GOFO from a monitored pilot to a core carrier arrangement after an existing provider became unavailable at short notice. During the transition, the average calendar transit time improved from 3.75 to 3.15 days.

ShipMonk faced an unplanned carrier transition within its Economy delivery tier. GOFO became operational within ShipMonk’s Virtual Carrier Network in 10 days and completed onboarding across its network nodes within 35 days. Over a comparable off-peak period, average transit time improved from 2.56 to 2.10 business days.

Both cases illustrate how advance carrier integration and diversified delivery options can support service continuity during unexpected disruptions.

Looking Ahead

The white paper concludes that U.S. last-mile delivery is undergoing a long-term structural realignment rather than a temporary market cycle. As delivery networks diversify, operational flexibility, real-time shipment visibility and technology integration are expected to become increasingly important in carrier evaluation.

For shippers, adapting to this environment will require delivery strategies that balance cost, coverage, reliability and flexibility across different fulfillment models.

The full white paper, How Fragmenting E-Commerce Is Rebuilding the U.S. Last Mile, provides additional market analysis, customer case studies and a detailed carrier evaluation framework. It is available on GOFO’s website.

About GOFO

GOFO is a technology-driven global last-mile delivery carrier founded in Los Angeles in August 2023. Guided by the brand philosophy “Drive Efficiency, Deliver Trust”, GOFO combines advanced technology with localized operations to provide reliable and scalable delivery solutions. GOFO’s network spans 47 U.S. states, supported by more than 300 hubs and stations. In Canada, GOFO has established a delivery network anchored by two primary hubs in Vancouver and Toronto, with service coverage across five provinces. Supported by an integrated North American network, automated sortation, intelligent routing, and disciplined operations, GOFO provides GOFO Parcel for standard parcel delivery and GOFO Ground for heavyweight, oversized, and complex shipments, delivering efficient, reliable, and scalable last-mile solutions across diverse markets. More information is available at gofo.com.

Media Contact:

Cindy L.
Public Relations, GOFO
public.relations@gofo.com
LinkedIn

 

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SOURCE GOFO

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A.I.Matics’ AIM-T1 Named CES Innovation Awards® 2027 Honoree in Two Categories

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AI vision inspection platform recognized in Artificial Intelligence and Construction & Industrial Tech

SEOUL, South Korea, Nov. 9, 2026 /PRNewswire/ — A.I.Matics’ AIM-T1, an AI vision inspection platform that helps electronics manufacturers identify defects and adapt inspections to new products, has been named a CES 2027 Innovation Awards Honoree in two categories: Artificial Intelligence and Construction & Industrial Tech.

AIM-T1 is designed for quality, process and manufacturing engineers working with products such as camera modules, semiconductor packages and printed circuit board assemblies. It addresses a recurring challenge in electronics production: maintaining consistent inspection as product designs and manufacturing requirements change.

Introducing a new product can require manufacturers to collect defect images, revise inspection criteria and adjust imaging equipment. These tasks can place additional demands on experienced inspectors and AI engineers, particularly in facilities with frequent product changeovers.

AIM-T1 combines modular imaging hardware with software-defined inspection to help teams adapt their inspection workflows on a common platform. The system uses reference samples of acceptable products to establish inspection criteria and identify deviations that may indicate defects.

The platform incorporates world model technology and in-context learning. Its optical system combines liquid lens technology with electronic focus stacking to capture images at multiple focal planes without mechanical Z-axis movement. Camera resolution, lens magnification, lighting and inspection configurations can be adjusted to suit different applications.

Operators can use a dedicated software interface to configure inspection criteria, review results and refine inspection models. The platform is designed to reduce reliance on specialized expertise for each product changeover by making inspection knowledge easier to reuse.

For electronics manufacturers reshoring production or adding regional capacity, transferring inspection expertise is an important part of bringing new facilities online. AIM-T1 is designed to make inspection workflows easier to reuse across products and production lines, helping quality and manufacturing teams establish inspection processes at new locations.

Organized by the Consumer Technology Association (CTA), the CES Innovation Awards program recognizes outstanding design and engineering in consumer technology products. CES 2027 will take place Jan. 6–9 in Las Vegas.

A.I.Matics plans to showcase AIM-T1 at CES 2027 and meet with manufacturers, automation equipment integrators and potential distribution partners. Booth and meeting details will be announced once confirmed.

For product information, visit https://vision.aimatics.ai/. 

* The CES Innovation Awards are based upon descriptive materials submitted to the judges. CTA did not verify the accuracy of any submission or of any claims made and did not test the item to which the award was given.

About A.I.Matics

A.I.Matics is a South Korean Vision AI company and a subsidiary of Dreamtech. Established as an in-house venture at Hyundai Motor Company in 2000 and incorporated in 2003, the company built its expertise in automotive vision recognition by supplying lane departure warning systems to automakers. Today, it develops industry-specific AI solutions for transportation, logistics and manufacturing.

The company combines its proprietary AI engine, aimNet, with imaging technology and application software to help businesses identify risks, detect anomalies and make operational decisions. Its portfolio includes AI-powered driver safety cameras, the aid fleet management platform and AIM-T1, a software-defined AI vision inspection platform for advanced electronics manufacturing. The company also develops intelligent process and operations management solutions and AI chatbots for logistics call centers.

For more information, visit https://www.aimatics.ai/en.

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The 19th Europe-China Business and Technology Cooperation Fair boosts business cooperation

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BEIJING, Nov. 10, 2026 /PRNewswire/ — This is a report from China.org.cn:

The 19th Europe-China Business and Technology Cooperation Fair was held in Chengdu, Sichuan province, from Oct. 21 to 23, bringing together businesses and institutions from China and Europe to explore opportunities in trade, investment, and technological innovation.

Co-organized by the China Chamber of International Commerce and the European Union Chamber of Commerce in China, the fair featured the theme “Dialogue and Cooperation for Shared Benefits and Prosperity.”

This year’s fair attracted more than 1,800 participants from over 30 countries, representing 869 enterprises and institutions. Delegations from Portugal, Switzerland, France, the United Kingdom, Spain, and other countries attended, alongside multinational companies including CMA CGM, Saint-Gobain, ABB, AstraZeneca, Bayer, and Siemens.

For the first time, the fair introduced an intelligent matchmaking system, complemented by manual coordination, to improve connections between businesses. A total of 174 Chinese and foreign companies held 365 one-on-one matchmaking meetings, generating more than 160 cooperation intentions and helping turn business discussions into potential projects.

The fair focused on sectors including new energy and environmental protection, biomedicine, agri-food, intelligent robotics, cutting-edge technologies, vocational education, and commercial legal services. Investment and trade promotion events were also held by Hainan, Tianjin, Taicang in Jiangsu province, and other regions to connect with European partners. Participants also visited industrial parks and enterprises to explore opportunities and facilitate project development.

The event also saw progress in regional and international partnerships. Loja, Spain, and Pengzhou, Sichuan province, signed a letter of intent to establish a friendly cooperative relationship. More than 20 Portuguese enterprises and institutions attended the fair, while Portugal’s secretary of state for agriculture delivered remarks at a sub-event. The United Kingdom, the fair’s country of honor, was also involved in organizing a China-Europe exchange on cross-border cooperation in biomedicine.

As global economic recovery remains uneven, the fair continues to provide a platform for China-Europe dialogue and business exchanges, fostering cooperation in technology, market access, and investment.

The 19th Europe-China Business and Technology Cooperation Fair boosts business cooperation

http://www.china.org.cn/2026-11/06/content_118764228.shtml

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