Amazon admits its interest in logistics

© Ken Wolter |amazon

© Ken Wolter

By Alex Lennane

01/02/2016

Amazon’s annual report, filed on Friday, refers to the company as a “transportation service provider” and identifies companies that provide fulfilment and logistics services as competitors. The e-tailer has been silent on its much-reported moves into logistics, but the admission shows that the company is building a shipping business. But in a call on its fourth-quarter results last week, the CFO said it wasn’t planning to replace partners, simply to “supplement” them.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Amazon FBA fdx FedEx the ecommerce equation

Most Read

MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

Urgent call for breakdown of cargo onboard as General Average declared on Dali

Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker

Flexport is 'back on track' – now it needs to start growing again

Hong Kong drops out of world's top 10 busiest container ports

'Slow season' and ocean network stabilisation easing pressure on rates

Bottlenecks and price hikes as airlines now avoid Iran airspace

Kuehne + Nagel reshuffles the suits – leaks, views, sights

Vehicle imports clogging up terminals at European auto ports

Iran may now pose a threat to multimodal supply chains via Dubai

Capture of MSC Aries will further drive up Indian export costs

US splashes out to grab a slice of the semiconductor manufacturing pie

Ammonia, not methanol, will be the 'green fuel of the future'

Looks like rain: Panama Canal Authority eyes return to normal service

Soaring air freight rates may level out as summer capacity takes off

Sustainability concerns don't show on shippers' procurement radar