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Amazon Quietly Confirms It Is Competing With UPS and FedEx (businessinsider.nl)
schwit1 shares a report from Business Insider: Amazon declared in its 2018 annual filing that it competes against transportation and logistics companies, as CNBC first reported. It's a clear warning shot against UPS and FedEx, two companies that used to claim Amazon is simply their customer. Meanwhile, Amazon CFO Brian Olsavsky told analysts last week that the retail giant will "continue to expand (its) Amazon logistics and (its) delivery capability" in 2019. Meanwhile, UPS CEO David Abney said the company "monitor(s) them (Amazon) as is if they were a competitor." And FedEx claimed, seemingly out of nowhere, last week that Amazon is not their largest competitor, claiming just 1.3% of the company's 2018 revenue.
Yes, applaud Amazon for figuring out how to exploit the working class directly. GJ.
Not a surprise at all. A friend of mine working in FedEx route management and optimization told me years ago that they could have built up their capacity to meet Amazon demands but didn't because they knew in a few years time they'd be stuck with unused capacities costing them money while Amazon would be laughing at them.
This 19.3% of the population, is mainly busy with making sure there is food on your plate, fuel for your car, heat in your home, and lumber for your building.
While these people may have a lot of money in assets, they themselves do not have a lot of money, unable to timely go to stores due to distance and their working schedules, the Internet for shopping is important to them. Increasing fees will only hurt this group of people, who makes services that we need.
Yes these people are mostly Republican Trump Supporters. However they are still the backbone to our country, and we shouldn't try to be Cruel to them, just because they may disagree with our views and sensibilities.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.