Amazon Will Put UPS Out of Business




Search  

ORIGINAL POST

Posted by Ed 2 mths ago
Amazon's new robot packs 600+ boxes per hour vs humans at under 200. With that announcement comes a $10K offer to quit.


TechCrunch reports Amazon Offers Employees $10K and 3 Months Pay If They Quit

But there's a catch. They have to start their own delivery business instead.


It's clear where this is headed: Amazon will directly compete with UPS and FedX.

If Amazon can offer retailers reduced costs and faster delivery, why wouldn't businesses take it?


UPS is union-based with union costs and pension costs.

UPS is the single largest employer in the Teamsters Union. The UPS contract is the largest collective bargaining agreement in North America.

UPS will not be able to compete with Amazon on costs. UPS is doomed.


https://moneymaven.io/mishtalk/economics/amazon-will-put-ups-out-of-business-iIDcV05ZLUC4X-6Ri5RCaw/


< Back to main category



Login now