logo-loader

Amazon seeks extra help with deliveries, pushes into FedEx and UPS territory, says WSJ

Last updated: 13:39 28 Jun 2018 BST, First published: 13:27 28 Jun 2018 BST

Amazon box
UPS, FedEx and US Postal Service are reportedly finding it difficult to respond to the surge in demand for online orders

Amazon.com Inc (NASDAQ:AMZN) is moving into the territory of United Parcel Service (NYSE:UPS) and FedEx (NYSE:FDX), its two shipping partners, by reaching out to smaller companies for help in delivering its packages, per a report in the Wall Street Journal.

The retailing behemoth is looking to widen its delivery network by inviting other groups to lease its Amazon vans and take part in the final stage of its deliveries to customers.

READ: Amazon continues expansion with plan to open distribution center in Charlotte

Amazon is reportedly interested in finding new delivery methods because UPS, FedEx and and the US Postal Service are unable to respond to the dramatic pick-up in online Amazon orders, according to the Journal story.

The company projects that “hundreds of entrepreneurs could sign up to help the company deliver packages the ‘last mile,’ which is typically the most expensive piece of an online order’s journey,” the Journal says.

Amazon shares were flat in pre-market trade at US$1,658.30.

Chesnara reports strong 2023 results with improved cash generation and...

Chesnara PLC (LSE:CSN) chief executive Steve Murray discusses the company's full-year results for 2023 with Proactive's Stephen Gunnion, describing them as strong and particularly highlighting £53 million in commercial cash generation and a dividend coverage of around 150%. The company has...

36 minutes ago