Amazon To Launch Their Own Shipping Company To Compete With UPS And FedEx
Amazon continues their march towards retail domination. Today’s industry that Amazon plans to dominate… *spins wheel*… is shipping! On Friday, a Wall Street Journal report claimed that Amazon’s next big move is to start their own shipping company. This comes after Amazon dove head first into the grocery market by purchasing Whole Foods and even starting offering free grocery delivery to their Prime members. Two weeks ago, Amazon got into the health care industry in an ambitious joint venture with Berkshire Hathaway and JPMorgan Chase.
The new service is called “Shipping with Amazon” and is expected to launch in Los Angeles in the coming weeks. The new courier service from the e-commerce behemoth would pick up packages from businesses and deliver them to customers. Amazon’s shipping service would encourage third-party merchants to sell goods on Amazon because they could offer cheaper shipping than UPS or FedEx. The service could expand to more cities once all of the kinks are worked out.