Prologis – 'Water is building behind the dam'
…when will it break?
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Here’s one for y’all. Amazon is dolling out as much $10,000 for employees to quit… and join its Delivery Service Partner (DSP) programme. Wired says DSP provides assistance for employees looking to create their own businesses. And what type of business? That’s right, delivery services. Specifically, a service delivering parcels for Amazon. The $10,000 acts as a start-up cost, with the e-commerce giant keen to shed itself of a reliance on the likes of FedEx and UPS. Of course, not any old Joe can sign up to DSP, you need $30,000 in liquid assets and to invest $10,000. One may be able to surmise that the initial interest was muted, so Amazon thought it would kick in some of its own money. And apparently that $30,000 liquidity threshold is being lowered.
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