Amazon Snags Sorting From FedEx to Avert Package Pileups - Bloomberg
Amazon.com Inc. (AMZN), seeking to avoid shipping delays that marred last year’s holiday season, is taking more control of its delivery system by opening “sorting centers” around the country.
With the new facilities, Amazon Chief Executive Officer Jeff Bezos is taking charge of work previously sent to partners such as United Parcel Service Inc. (UPS) and FedEx Corp. (FDX), giving greater flexibility over precisely how packages are delivered and more control over costs as he seeks to recoup losses from heavy spending.
Amazon.com Inc. (AMZN), seeking to avoid shipping delays that marred last year’s holiday season, is taking more control of its delivery system by opening “sorting centers” around the country.
With the new facilities, Amazon Chief Executive Officer Jeff Bezos is taking charge of work previously sent to partners such as United Parcel Service Inc. (UPS) and FedEx Corp. (FDX), giving greater flexibility over precisely how packages are delivered and more control over costs as he seeks to recoup losses from heavy spending.