Amazon may increase its US Amazon Prime membership fee by up to $40, the company's chief financial officer announced Thursday during an earnings call.
CFO Tom Szkutak said growing transportation costs may cause the online retail giant to add between $20 to $40 to the subscription fee. Prime -- which offers free, two-day shipping on certain items and access to Amazon's Prime Instant Video library and Kindle lending library -- currently costs $79 a year. He said the subscription service, has become very popular in the last nine years. Prime eligible items have grown from 1 million to … Read more