Amazon.com, Inc. (NASDAQ:AMZN) Ramp Up Its Single Day Delivery Plans

Brendan Byrne - June 4, 2019

Amazon.com, Inc. (NASDAQ:AMZN) has been gradually launching free one-day delivery for months. IN its recent earnings call, CFO Brian Olsavsky reported that the firm would substitute two-day delivery with one-day delivery, but indicated that one-day delivery would take a substantial amount of time to accomplish. He also stated that some zip codes can enjoy this benefit before others.

The buzz

Amazon has a fulfillment center footprint of over 200 million square feet. With this kind of setup, the company has been steadily growing its shipping abilities. In the month of May, they made it to a $1.5 billion air service hub at Northern Kentucky International Airport and commenced paying people as much as $10,000 to leave their jobs and launch a delivery firm.

In its recent blog post, Amazon reported that Prime Free One Day is achievable because they have been growing their network for more than 20 years. This has allowed them to achieve a world-class consumer experience supported by great technology and incredible employees. The company has strategically expanded its network in the United States to include 40 package sortation centers, 110 fulfillment centers, 20 air gateways, and 100 delivery stations, all to be closer to their consumers.

Despite scaling on these plans, shares of Amazon traded deep in red, in the last trading session. The weakness in the stock was a result of rumors about an upcoming probe into the firm for an anti-competitive business approach.

The representatives of the U.S. DOJ Antitrust Division and the FTC have been in discussion about a division of labor in probing several tech firms, Apple Inc. (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOGL) and Facebook, Inc. (NASDAQ: FB) among them.

As per the latest buzz, the FTC will be probing into these questions at Facebook and Amazon. The DOJ will look after Google and Apple. Antitrust concerns seem to remain at the core of the U.S. government’s actions in all four cases. As of now, there is no update as to what the two agencies are planning to do next.

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Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email ([email protected]) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).

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