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E-commerce giant Amazon India set to launch its own delivery service

E-commerce giant Amazon India set to launch its own delivery service

In recent years, Seattle-based e-tailer Amazon has doubled-down on the expansion of its supply chain and fulfillment infrastructure, launching a dedicated freighter network, and enlarging the reach of its own-operated last-mile delivery services to include some 37 U.S. cities. Amazon would then take the packages directly to consumers in the 37 cities where it now delivers, according to the report. He declined to comment about Amazon's business strategy.

But the success of "Shipping with Amazon" remains to be seen as FedEx and UPS still have an advantage of massive shipping networks that have expanded over the last 30 years. Taking over some responsibility for delivery enables Amazon to protect that edge as rivals like Wal-Mart Stores Inc. enhance their own delivery operations.

As independent analyst Ben Thompson put it, Amazon's ultimate goal "is to take a cut of all economic activity".

For years, Amazon has been buying and renting planes and other logistics supplies, which led many to wonder what the end game would be. In 2016, FedEx VP of Market Development Michael Glenn said Amazon accounts for just 3% of the Memphis-based carrier's revenue. The company will be responsible for collecting third-party packages that sell products on ir site and deliver m to customers.

Other equities research analysts have also recently issued reports about the company.

Impala Asset Management Llc, which manages about $2.53B and $2.24 billion US Long portfolio, upped its stake in Norwegian Cruise Line Hldgs (NASDAQ:NCLH) by 13,813 shares to 445,155 shares, valued at $24.06M in 2017Q3, according to the filing.

As reported by CNBC, the service called "Shipping with Amazon" will pick up packages from businesses and deliver them to customers.

Handling more deliveries itself would give Amazon greater flexibility and control over the last mile to shoppers' doorsteps, let it save money through volume discounts, and help avoid congestion in its own warehouses by keeping merchandise in the outside sellers' own facilities, Bloomberg has reported. (NYSE:FDX) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Strategic Advisors LLC now owns 2,138 shares of the shipping service provider's stock valued at $465,000 after purchasing an additional 306 shares during the last quarter.

While the program is being piloted with the company's third-party sellers, it is envisioned to eventually be opened to other businesses too, sources told the WSJ, who noted that Amazon is planning to undercut UPS and FedEx on pricing, although the exact rate structure is still unclear.

Already, Amazon is one of the biggest online retailers known for attracting millions of shoppers to its website every month.

DHL's On Demand Delivery service created to reduce failed delivery attempts and improve the receiver experience has successfully been deployed across all countries in the Americas.

In 2017, Amazon shipped more than 5 billion items worldwide with Prime.

We rely on a limited number of shipping companies to deliver inventory to us and completed orders to our customers.

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