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According to friends in the business: - hard to make money - people work too much and sleep too little - various abuse by trucking companies For a more method
by mv4 9y ago
According to friends in the business:
- hard to make money
- people work too much and sleep too little
- various abuse by trucking companies
For a more methodical analysis - USA Today did a piece a month ago:
https://www.usatoday.com/pages/interactives/news/rigged-forced-into-debt-worked-past-exhaustion-left-with-nothing/ https://www.usatoday.com/pages/interactives/news/rigged-forc...
- adventured 9y ago> hard to make money That's not a supporting premise for something being badly broken. Amazon has found it hard to make money in retail, as have Walmart and Costco (2% to 3% razon-thin net income margins). Most retailers find it extremely difficult to make money. That's not necessarily because the business is badly broken. It means the margins are being competed away, which is tremendous for other parties (consumers for one). Lots of industries / segments have the same problem and always will.
- simonh 9y agoIn the case of Amazon those thin margins are mainly due to massive re-investment expenses to grow capacity, not competition. The question is if or when they might be able to reign back the investment without risking losing competitiveness with rivals.