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The Competition
FedEx Discussions
Rumor floating around, raises pushed back to April 2020
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<blockquote data-quote="Fred&#039;s Myth" data-source="post: 3958312" data-attributes="member: 55587"><p>"In many ways, the burgeoning Amazon Shipping business seems to resemble Amazon Web Services (AWS), the company's cloud-computing juggernaut, which it originally developed as an in-house project to serve its own e-commerce needs but is now the biggest enterprise cloud business in the U.S. by adoption. AWS posted an operating profit of $7.3 billion in 2018. </p><p></p><p>While Amazon is facing entrenched competition in logistics, it could very much follow the same path it did with AWS, as the company can take the lessons and data from providing logistics and delivery services for itself and apply that knowledge to serving its customers. Amazon has shown myriad times before that it's unafraid to challenge industry leaders even in areas where it has no previous experience."</p><p></p><p>Hmmm, sounds a lot like what I said.</p></blockquote><p></p>
[QUOTE="Fred's Myth, post: 3958312, member: 55587"] "In many ways, the burgeoning Amazon Shipping business seems to resemble Amazon Web Services (AWS), the company's cloud-computing juggernaut, which it originally developed as an in-house project to serve its own e-commerce needs but is now the biggest enterprise cloud business in the U.S. by adoption. AWS posted an operating profit of $7.3 billion in 2018. While Amazon is facing entrenched competition in logistics, it could very much follow the same path it did with AWS, as the company can take the lessons and data from providing logistics and delivery services for itself and apply that knowledge to serving its customers. Amazon has shown myriad times before that it's unafraid to challenge industry leaders even in areas where it has no previous experience." Hmmm, sounds a lot like what I said. [/QUOTE]
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