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What's the latest on Amazon?
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<blockquote data-quote="Returntosender" data-source="post: 1976161" data-attributes="member: 29240"><p>Amazon is apparently in talks to lease 20 Boeing 767 jets for its own air-cargo business.</p><p></p><p>This comes on top of Amazon purchasing thousands of truck trailers to transport goods across the country, announcing Amazon Prime Air, and rolling out Amazon Flex.</p><p></p><p>It is becoming increasingly clear that Amazon plans to flesh out its own delivery system independent of UPS, and we expect this system to make significant strides in 2016.</p><p></p><p>UPS will lose Amazon business at some point in time, and we believe that a large portion of this loss will happen in 2016.</p><p></p><p>The threat of Amazon becoming a direct competitor with UPS for e-commerce delivery is a possibility considering Amazon's path with AWS.</p><p></p><p><a href="http://seekingalpha.com/article/3767216-amazon-is-squeezing-ups-out" target="_blank">http://seekingalpha.com/article/3767216-amazon-is-squeezing-ups-out</a></p></blockquote><p></p>
[QUOTE="Returntosender, post: 1976161, member: 29240"] Amazon is apparently in talks to lease 20 Boeing 767 jets for its own air-cargo business. This comes on top of Amazon purchasing thousands of truck trailers to transport goods across the country, announcing Amazon Prime Air, and rolling out Amazon Flex. It is becoming increasingly clear that Amazon plans to flesh out its own delivery system independent of UPS, and we expect this system to make significant strides in 2016. UPS will lose Amazon business at some point in time, and we believe that a large portion of this loss will happen in 2016. The threat of Amazon becoming a direct competitor with UPS for e-commerce delivery is a possibility considering Amazon's path with AWS. [URL]http://seekingalpha.com/article/3767216-amazon-is-squeezing-ups-out[/URL] [/QUOTE]
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