Amazon Is Getting Closer to Its Own Delivery Service [The Motley Fool]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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US:NYSE Investor Relations:
fedex.com/us/investorrelations
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Source: The Motley Fool
The e-commerce giant is helping third-party merchants take care of logistics themselves. If you really think about it, Amazon ( NASDAQ:AMZN ) is already a shipping business. Amazon Prime has attracted millions of members on the promise of two-day shipping for over 100 million items. Amazon ships most of those 100 million Prime-eligible items from its growing network of warehouses spread across the globe. But Amazon's latest service, called FBA Onsite, could have more third-party sellers sending items directly from their own storage spaces. Amazon will oversee the logistics of getting items from point A to point B, replacing some of the work often handled by UPS ( NYSE:UPS ) and FedEx ( NYSE:FDX ) , according to a report from Bloomberg . The move has the potential to relieve some of Amazon's capital expenses while opening a path to more service revenue. Image source: Amazon Solving its own problem Amazon can't seem to build warehouses fast eno
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News
- FedEx Shutters 4 Ship Centers, Cutting 220 Courier Jobs [Yahoo! Finance]Yahoo! Finance
- 15 Fastest Growing Cities in Tennessee [Yahoo! Finance]Yahoo! Finance
- Meet Terrand, the Inspiring Leader Behind the FedEx E-Commerce Learning Lab [Yahoo! Finance]Yahoo! Finance
- US Postal Service to migrate air cargo to UPS during summer [Yahoo! Finance]Yahoo! Finance
- Reverse Logistics Global Market Report 2024: A $900+ Billion Industry by 2028 - Long-term Forecasts to 2033 Featuring Major Players - Deutsche Post DHL, UPS, FedEx, Schenker, Kuehne + Nagel [Yahoo! Finance]Yahoo! Finance
FDX
Earnings
- 3/21/24 - Beat
FDX
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 144
- 4/8/24 - Form 4
- FDX's page on the SEC website