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Insights for the Food and Grocery Industry

Amazon initiates Cargo shipping for outside customers and directly competes with FedX, UPS

Amazon is currently splurging to grow its logistics and shipping services for international customers. The online retailer will not only serve its customers but would also provide shipping services to outside shoppers. With this recent development, Amazon is competing with FedX and UPS. Amazon wishes to deliver anything, anywhere, in no time. Capital expenditures of the online retailer were up by 80%, which allowed the business to grow its logistics capacity by 50% year over year. The digital retailer now has 400,000 drivers, 40,000 semi-trucks, 30,000 vans, and around 70 planes.

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