Monday, December 16, 2019

Amazon can now deliver half of its own packages, to the tune of 2.5 billion packages and growing

In the past year alone, Amazon’s American delivery capacity has more than doubled. They’ve gone from fulfilling 20% of their orders to about 50%, despite an uptick in sales and the introduction of one-day Prime shipping – FedEx and UPS better watch out.

CNBC reports that Morgan Stanley analysts are predicting a 68% compound annual growth for deliveries between 2018 and 2022, bringing them up from 2.5 billion packages delivered this year to 6.5 billion in 2022. . . . more