By Don Reisinger, Fortune.com, SouthFloridaReporter.com, Dec. 19, 2015 – UPS and FedEx may be in the e-commerce giant’s crosshairs.
Amazon may be gunning for UPS and FedEx, a new report says.
The e-commerce giant is negotiating to lease 20 Boeing BA -4.11% 767 jets to transport products and get them to customer homes more quickly, the Seattle Times reported, citing people in the cargo industry who have knowledge of the plans. The strategy would reduce Amazon’s reliance on shipping companies like UPS and FedEx and potentially create a new rival to them.
Amazon AMZN -0.97% declined to comment about any negotiations or future shipping plans.
What is clear is that Amazon’s shipping costs have been skyrocketing. The company spent over $8.7 billion on shipping in 2014, up from $6.6 billion in 2013. Creating a logistics service could dramatically lower those costs.
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