Amazon Gives FedEx and UPS More Reasons to Worry

Discussion in 'The Latest UPS Headlines' started by cheryl, Feb 14, 2019.

  1. cheryl

    cheryl I started this. Staff Member

    Amazon Gives FedEx and UPS More Reasons to Worry - Bloomberg

    The company’s interest in transportation and logistics hints at grander ambition.

    It can be tough to keep track of all the industries in which Amazon.com Inc. wants to spread its tentacles. There are groceries and health care and business computing and banking and entertainment and advertising and gadgets for the home and — oh, shopping.

    We shouldn’t lose sight of Amazon’s interest in transportation and logistics — moving physical goods by land, sea and air, organizing that transportation, storing merchandise or delivering it to the right place. PwC has said this is a roughly $5 trillion annual market, which fits with Amazon’s love of attacking massive pools of spending.

    There have been developments in recent weeks that might be random data points or hints of Amazon’s master plan in transportation and logistics, if it has one.