Post Profile

Amazon Building Network to Rival Fedex, UPS, Says WSJ

Shares of (AMZN) are higher by $15.08, or 2%, at $814.24, after The Wall Street Journal’s Greg Bensinger and Laura Stevens this afternoon reported that the company is "is laying the groundwork for its own shipping business in a brazen challenge to America’s freight titans,” referring to Fedex (FDX) and United Parcel Service (UPS). The authors cite conversations “with nearly two-dozen former managers” at Amazon, who indicate the company’s goal is not merely to assure itself extra capacity for peak times, but to create a “massive delivery network” referred to internally as “consume the city.
read more


Related Posts

FedEx insists that Amazon's expanding shipping network isn't a threat (AMZN)

Technology / Technology Industry News : Silicon Alley Insider

Despite all the rumors swirling about Amazon's in-house shipping network that could potentially rival FedEx or UPS, FedEx doesn't see it as a big threat at this point. During its earnings call on Wednesday, FedEx's executive VP Mike...

Amazon To Offer Tablet, Two New Kindles By October, Says WSJ

Business & Finance / Investing : Tech Trader Daily

The Wall Street Journal’s Stu Woo and Iwatani Kane this afternoon report that (AMZN) will offer a nine-inch tablet computer come October, following up on rumors that have swirled to that effect in recent months. Amazon’s ...

Amazon Developing Ad-Supported Tablet, Says WSJ

Business & Finance / Investing : Tech Trader Daily

The Wall Street Journal’s Greg Bensinger this afternoon reports that (AMZN) is planning to introduce a cheaper tablet computer focused on serving up ads, citing multiple unnamed sources. Amazon will be able to sell the de...

Amazon's Newest Ambition: Competing Directly With UPS, FedEx

Technology : Tech -

To constrain rising shipping costs, the online giant is building its own delivery operation, showing the extent of its ambition and also setting up a clash with the company’s shipping partners.

Amazon has a secret plan to replace FedEx and UPS called 'Consume the City' (AMZN)

Technology / Technology Industry News : Silicon Alley Insider

Amazon has been quietly beefing up its own shipping logistics network lately. Although Amazon publicly says it's meant to complement existing delivery partners, like FedEx and UPS, a new report by the Wall Street Journal's Greg Bens...


Copyright © 2016 Regator, LLC