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Googled, am surprised: "FedEx recently stated that only about 3% of its revenues are derived from Amazon, while an estimated 7% of UPS’s revenues come from Ama
by richardw 8y ago
Googled, am surprised:
"FedEx recently stated that only about 3% of its revenues are derived from Amazon, while an estimated 7% of UPS’s revenues come from Amazon."
https://www.forbes.com/sites/greatspeculations/2017/11/22/why-fedex-and-ups-dont-need-to-worry-about-amazon/amp/ https://www.forbes.com/sites/greatspeculations/2017/11/22/wh...
- barkingcat 8y agoNot surprised. Amazon has their "free shipping" program which puts enormous downward pressure on shipping pricing all the way back to the carriers. Non-Amazon traffic, for example, business to business traffic, might not be growing as fast, but Fedex/UPS can charge $50+ or even $200+ for a single shipment - that's more than probably the average lifetime shipping profit made from a single Amazon prime user - in one single business-to-business shipment! A regular North American business would probably have anywhere from 10 to 100 packages a day sent out via courier/UPS/Fedex. No problem seeing where the profits come from. Volume does not mean profit, especially when the volume is trying to push for eliminating UPS and FedEx's profits (via offering free shipping)