Amazon to deliver billions of packages through growing network in 2019

20.12.2019 - Kulakov Vladimir
Amazon to deliver billions of packages through growing network in 2019

Amazon is set to deliver its customer packages of up to 3.5 billion through its own in-house delivery network this year.

Amazon has long been regarded as a long-term threat to United Parcel Service Inc (UPS) and FedEx Corp due to its growing network of delivery trucks, vans, and planes.

FedEx has ended its relationship with the world’s largest online retailer just this summer. Meanwhile, UPS continued delivering almost half of Amazon’s packages all throughout the world.

According to analysis from Morgan Stanley, there is an estimated 20% of packages delivered through Amazon logistics last year. In the start of 2019 until August, 46% of packages were delivered through the said network.

Morgan Stanley estimated that Amazon’s delivery network will attain up to 6.5 billion packages by the year 2022, which is more than the deliveries of UPS, at 5 billion, and FedEx, at 3.4 billion.

Currently, Amazon has over 150 delivery stations in the US, with over 90,000 employees.

Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?