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Amazon Quietly Confirms It Is Competing With UPS and FedEx (businessinsider.nl)

Posted by BeauHD on from the shots-fired dept.

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.

3 of 52 comments (clear)

  1. All are subsidized by the USPS by Sqreater · · Score: 3, Interesting

    All dump mail that is not lucrative to deliver or cannot be delivered by them into the massive United States Postal Service. Fleas. They will never "not need" the USPS. Only the USPS delivers practically every day to every address in the United States.

    --
    E Proelio Veritas.
  2. Re:Well, hopefully they start doing small electron by Anonymous Coward · · Score: 2, Interesting

    DHL, USPS, UPS all ship internationally.

  3. Re: and the USPS by Anonymous Coward · · Score: 2, Interesting

    Welcome to the United States circa 2019, where American workers are desperate for $15 an hour shit pay gigs. At least it is just enough to have hope of the American dream, anything less and your destined to fail.