“Shipping firms do depend on Amazon as a customer.”

Amazon Air now has 50 planes in its fleet

#Money

Sun, Dec 23rd, 2018 21:09 by capnasty NEWS

Sounding almost like Amazon could disrupt the services provided by FedEx, UPS, and the USPS, Business Insider looks at the growing efforts put in by Amazon to significantly expand its transportation network. This may put a significant financial dent in the pockets of the existing operators: a good chunk of their revenue is through their biggest customer, Amazon.

"I would simply say no one has benefitted more from the transportation networks built out by FedEx, UPS, and USPS than Amazon," Trip Miller, founder and managing partner of Gullane Capital, told Business Insider. (Disclosure: Gullane Capital has shares in Amazon and FedEx.) "Amazon can't deliver on their Prime commitments without FedEx, UPS, and USPS."

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