FedEx Downplays Amazon Shipping Scheme


FedEx has softened speculation surrounding online retailer Amazon’s plans to build an in-house shipping network, stating that it will cost too much and take too long to complete, according to Business Insider UK.

PTI previously reported that Amazon plans to launch its own shipping company in a bid to compete with freight forwarders UPS and FedEx.

Mike Glenn, VP of FedEx, said: “While recent stories and reports of a new entity competing with the three major carriers in the US grabs headlines, the reality is it would be a daunting task requiring tens of billions of dollars in capital and years to build sufficient scale and density to replicate existing networks like FedEx.

Read: Amazon to Create Shipping Company

“All in, we believe it is likely Amazon will make a concerted effort to take over ever larger portions of its supply chain.

“However, a full-blown Amazon parcel delivery operation would likely take years to complete, so we believe FedEx and UPS would have time to react.” 

Read: Amazon Officially Registers to Ship Containers

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Be listed with industry leaders operating within Ports and Terminals

Webinar Series

Join 500+ attendees on average with a Port Technology International webinar

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.