@@azmankmn Even a few hundred in each stock, you'd be a millionaire by today. If you have $400 to spare, you could be a millionaire within 20 years if you invest in the right stocks.
Fedex and ups will feel the pain , once amazon start offering cargo space to other logistic partys to make sure there planes are always full and efficient. Dont understimate amazon,
@@auroramothergoddess yes its sad the UPS drivers are so in denial that a new company is about to take over. They better go back to college or something
Amazon is the antithesis of “efficiency.” It’s all PR rhetoric. I hope all the Prime subscribers/enablers appreciate the horrific world they’re contributing to....and just to save some money. Amazon is THE most soulless, greed-defined corporation in human history.
This just puts into perspective how massive Amazon is as a company. FedEx executive sounds just like Blockbuster executives rejecting the Netflix idea. Just like Amazon is putting retailers out of business it will take a significant percentage of their business to a point where it will hurt them.
There is a huge difference between this situation and Netflix vs. Blockbuster. Amazon isn't attempting to compete with these companies, they're trying to complete a full vertical integration of their company to save costs. As of now, they still are not trying to compete with FedEx or UPS. The reason blockbuster was killed is because they were direct competitors with the digital market.
@@correctopinion505 as they said, "In the short term they are not competing, but long term after Amazon's infrastructure is built they'll definitely be competing.
You can pickup orders at your local Whole Foods in “Amazon Lockers” ever since they acquired Whole Foods, similar to what Walmart does with Walmart pickup
not how logistics works lmao. 82 dumb people liked your post even more saddening. take some business classes, watch how cash flows through a business and reevaluate your comment
Not the same. Netflix had a totally different business model altogether, ie online convenience rather than stores. Amz is just shipping their own stuff the exact same way Fedex did. The better comparison is Amz to Sears, Circuit city etc And even if they do decide to actually compete with Fedex on their turf, it would mean *massive* capital investment not in old 767s, but larger modern more capable cargo haulers, support staff, services etc. Then convincing Fedex customers they could ship the same cargo cheaper but just as securely. Possible? Sure, but not the same scenario at all.
Blockbuster never said that. They actually listed Netflix as a real competitor for almost all of the time Netflix existed, and tried innovating early on to get ahead of the game.
It’s a way to not lose investors. Can you imagine how much stocks would drop if FedEx confirmed that Amazon, at this stage in their business (40 planes compared to their hundreds) IS a competition to their company?
It's totally different. Blockbuster and Netflix offered the exact same service: videos. Amazon ONLY ships Amazon products. The other companies ship EVERYTHING. Amazon doesn't help anyone who needs to send out a package that wasn't bought or sold on Amazon.
This is all a PR thing, if he said they were concerned about a service growing this rapidly, that would imply they think things are going to get much worse, he's saying this just to keep shareholders happy, and to an extend, he is right, FedEx is more of a premium service and Amazon is not a core customer, for UPS a similar comment should provoke some concern.
Personally I think the only threat is if Amazon gets the ability to actually ship non-Amazon packages. I also think of Microsoft and how they were attacked for much less. I don’t think there is any doubt that Amazon, while gives a lot of volume, gives very low margins. There are already capacity issues. If UPS and FedEx can fill up with higher margin stuff then it’s a win win.
I don't think their objective is to crush everyone. They just have an insanely good infrastructure that allows them to beat many people. Do I go to amazon to get a nail clipper? No, I go to the local pharmacy/CVS etc. But do I go to amazon to buy pants or shoes that i 100% know the size or and what I need? Yes, because I dont have the time to go to a store and buy them, or hope they have my size in stock.
@@mxp6466 I get you but on the flip side, I don't think Netflix was out to crush blockbuster but it happened through leverage and a rapid increase in market acceptance. I see a similar situation cooking here
@@belowaverageluke1369 Yeah. Government intervention is inevitable. But I think most of the "decision makers" are old timers and don't see anything on the internet as a threat to status quo
label1877 exactly, those words are for the stockholders, thats why he pointed out the amount of flights they have or the 700 planes they have, also I believe they’re currently working on fight against amazon.
FedEx hasn't taken much of this market because the rates are too low and that's not their business model. They are in the overnight critical delivery business-which Amazon isn't and most likely never will be.
@@sijosue rockefeller became a billionaire when the us government made him split up his oil company into a few dozen entities, each with their own stock. he no longer had day to day control of these companies but still had stock in them. rockefeller became the richest man in the world because of stock holdings. they didn't horde cash. you would need a few dozen fort knox just to store it. drug kingpins spend much of their time trying to hide cash money but it takes up to much room. a few are billionaires but even some mid level drug guys have problems hiding a dozen or so million dollars.
@jerry wayne Also to his stupid mind, falling in love with a latino and cheating on his wife, is he serious? that's pretty stupid for the richest man in the world.
2070: You have to buy Amazon Homes, go to Amazon Grocery Stores, take an Amazon Commercial Plane to visit Europe, your local Amazon Chinese Takeout place.
That is funny, but they actually don't mean the same thing. "Shipping" refers to moving a product, while "Cargo" refers to the product itself. I.e. "I am shipping my cargo."
I purchased a bag of high end soil, very hard to find locally, from Amazon for half what I've been paying, and it was delivered in less than 48 hours for FREE. That means a ton to me.
@@philippechevereau9818 We are learning the costs, and how to reduce, replace, and even rebuild what is destroyed, the microbiology is what really needs to be protected, I only purchase from companies that "claim" to be responsibly sourced, but who knows.
John Bennet army is necessary as cars and some travels. It is only a question of choice: Do I need a 6L Engine or does the hybrid do the job? Do a need a 350ps Porsche or is a 150ch sufficient? How much beef which is the most polluting activity do I eat? Does it serve my health? I recommend a great book of Pierre Rabhi: the share of the Colibri No single contribution is too small and waiting for governments to move means it will most likely be too late
Sparky's Space you dont understand, when amazon controls everything, they will be able to set prices tp whatever they like and if any competition starts growing, they’ll weed it out with predatory pricing
People forget amazon is delivering only amazon packages. That’s it. Ups, fedex and USPS are basically delivering the other 99.9% of companies. And tbh Amazon can barely deliver their own things. Which is way you still see UPS, USPS, and FedEx still delivering some of your Amazon packages. It’s a huge company but one thing you’re forgetting is all the Other mailing companies still have thousands of facilities all around the world and are still constantly building new facilities with high end tech inside it. amazon only has a fraction of what the other companies have. This report is showing you all of Amazon’s cool stuff but they aren’t showing you what USPS, FedEx and UPS have had for the last 10 years
Amazon's AMZL shipping has been a failure. I order over $50K a year through amazon and I had to switch back to grainger because AMZL shipping is horrible. Once you see the AMZL tracking number you know the package will be late and then you know 30% of them will never show up and be lost. When amazon used UPS they never had a late or missing shipment. Grainger uses UPS and you can 100% rely on their shipping.
I have had FAR more problems with Amazon package deliveries than I have had with FedEx/UPS. Amazon drivers are (at least in my area) bottom tier. They are paid the least and as such work to grind through as many packages as they can, and to do so are typically tossing packages from a distance, like its a shot-put competition
In the UK, Amazon have always had the best delivery service! There are a couple drivers for my specific district that I have come to know. And they literally ask me to call them if i'm out at my university, and they will drive over to pass it to me. LIKE WTF. Legit legends. And amazon's return policy is amazing and effortless. Always on the side of the customer, and they always make up for mistakes or mishaps.
It will be many decades before a computer will pilot an aircraft, this has been covered on the Mentour Pilot channel. How would the package get from the driverless van to the customer?
History is being made right before our eyes, and in our lifetime. As a carrier for Amazon, it amazes me how I can carry a 180lb box in the 53' trailer, 50 miles across town, and then 50 miles back with an empty trailer, and they still make money! One of the things that makes this country GREAT!
I’m sure they have a team within Amazon coming up with this. Air traffic controllers might have new opportunities as a result. This will put upward pressure on wages for these guys. That’s a great thing!
Antitrust usually is about horizontal consolidation, not vertical. So if they buy Walmart, then yeah probably. But this is more like McDonalds buying farms for ingredients, something they actually do. This isn't usually blocked by antitrust laws.
@@merlinious01 you right vertical mergers are legal like at&t buying HBO but horizontal mergers are illegal like at&t buying tmobile. Bernie Sanders actually wanted to break up Amazon, big banks etc before they get to big to fail.
So Amazon started out as an online book store, then expanded to multitude of products, which drove many retailers and competitors out of business, now Amazon sells almost any product available, they have entered the food market by buying whole foods, they have prime video streaming, music streaming, and almost any kind of streaming available, they have the Amazon Alexa, Kindle, and Amazon basics, and finally, they are entering the logistics market and shipping 26% of their products, which is slowly going to rise, and they get huge tax cuts due to big loopholes in the US tax system. This is clearly a Monopoly, a lot of companies will be going out of business in the coming future.
not a monopoly no matter if you think it is. also you forgot web services. amazon is the biggest dog in that market and many of its competitors in other places are its clients including netflix.
As someone who retired, never having used my MBA, I encourage you to check out the inner working of these company systems. The efficiency is bewildering, far beyond what we were taught in business school as even remotely possible. Whatever you think about America and the world, the package and food distribution systems are wonders of the world that keep our nation going even during these incredibly hard times...
How will they suffer ? Amazon only ships things that are bought through amazon . Fed ex and ups deliver everything else . ( expect mail ) and better yet fed ex and ups even deliver amazon boxes too 😂😂
Complicated. If I were Jeff, Id still be selling a few hundred books a day out of my garage and just calling UPS everyday......but then again, Im no furnace of ambition...
The USPS is wholly depended on FedEx and UPS on its Priority Shipping. They also process their bulk delivery to Post Offices in exchange for a handling charge. #UPS #Preloader
@@lotto5742 Small businesses create more jobs than Amazon, since Amazon is using more technology and a streamlined workforce. Some will say that it is good that we are advancing in using technology to support and replace people, but we are also shrinking the job market while doing this. New jobs are obviously created, but a much larger amount of jobs is taken away.
@@lotto5742 I am in northern Mexico. And my husband and I own a small vegan shop here. And we're feeling the effects. A lot of Americans live in my city but now they are getting their vegan products from AmazonMX. Believe me, it's been hard for us and we're surely feeling the impact.
Investors need to calm down and stop worrying about FedEx and UPS, if you want to make real money in the logistics business, you focus on global trade and transport large cargos. Like FedEx said, Amazon only makes up a fraction of their business. No one likes delivering door to door because you barely make money from it and it's a total logistics nightmare
@@common_c3nts They make good money in dollar amount, but not compared to their large operations. Door to door deliver is hard money and includes tons of expenses with thin margins
i work at ups as a supervisor. on the daily my hub is probably on average loading 300,000 amazon packages per day. amazon still outsources and uses companies like ups and fed ex. reason being is that fed ex and ups have so many facilities. amazon sells their products, and finds ways to ship them, ups makes money through quantity of packages. during winter of last year we were getting at least 1 million packages out of our building a day. keep in mind that is one out of the MANY ups buildings that exist. it is about the quantity, the speed, and efficiency that will always keep ups and fed ex on top of amazon.
It wouldn't shock me to see Amazon acquire some of the first hybrid planes in the future. They can go green, cut expenses and still get orders to customers fast. The same with semi-trucks also. If they do it, I said it first.
My concern with Amazon isn’t how it kills certain industries almost entirely, it’s how it kills certain stores one by one. Hear me out, Amazon has been playing dirty. If you sell your stuff on Amazon, they know which of your products are successful and which aren’t and they’ll just take the successful ones and call the manufacturer themselves. That’s why Amazon has created so many brand lines and that’s why, since a couple of years, you can buy an Apple charger for two bucks now. After they copied your product but only the successful one, they can decide how many people see your product because amazon isn’t just the vendor it’s also the marketplace. They’ll just hide the link to your product in the never ending void of “to buy suggestions”. That’s dirty and has people going bankrupt for selling at Amazon. If you have a product, don’t sell at Amazon.
I have a friend that works with the postal service & she told me that every time an Amazon delivery driver drops a package off at the wrong house, they will not come back & pick it up. I reckon the customer gets credit on what they ordered & they reorder it again.
I have had my Amazon packages delivered by every one of the delivery services mentioned in this video. The only service that failed to complete deliveries to me is AMAZON! They failed to find my house, failed to follow directions for re-delivery, and caused me in several cases to file to return the item without ever having received it. I now receive my Amazon packages at a local 7-Eleven which has an Amazon lock box outside. My house is on a regular, well-marked, well-lit city street.
They're pretty new at doing their own shipping, so they screw up a lot. When Fed Ex was first starting up, they weren't all that great, either. Now, they're one of the gold standards for reliability. I have little doubt that Amazon will fix its mistakes, in time.
For anyone saying "monopoly", diversification doesn't make you a monopoly. What makes a monopoly is when you own a huge market share of a single sector/industry, not just because your in multiple industries (although amazon could arguably be that in their e-commerce business, they are definitely not that in all their other business ventures including amazon air).
@J K I suppose you may be right considering the package/cargo delivery industry is somewhat tied to e-commerce. I don't know about that "AOC political system corrupt looking the other way" thing though. Might even go on to say that that makes no sense at all, because of very obvious facts. Given the very public rivalry between the current administration and Jeff Bezos, you don't think the U.S attorney wouldn't have already launched an anti trust case against amazon at this point if that case could hold up in court?
LOL the FedEx guy is so cute pretending like this isn't a real threat to his company. If a 2% shift in business alone causes your stock to go down 20%, you have real problems. I called this years ago that Amazon was going to start creating their own transportation services and it's happening.
That is the problem with the stock market. Amazon lost 2% of its business, stock market panics and shares drop 20%. Now everyone thinks FedEx is failing when its not at all. Stock markets have no real connection to how a company is actually performing, but stock markets can destroy a company on perception alone.
I really want to see Amazon try to make a competitive enough logistics company. They will go bankrupt before they can compete with ups and FedEx levels.
@Niles TV the employees worth a damn now make less money. It was a dumb move pushed by dumb people. Amazon saves money now because of it --- at the cost of the employees. Just like in NY w/ the $15/hr nonsense -- just as predicted, people are now finding themselves unemployed.
@Niles TV when I worked for Amazon the first time I would get 55 hours when I went back 25 was the max they offered, luckily I found construction job fast.
@@mhamma6560 that's because Amazon is evil and wants to maximize human suffering and profits. Not because objectively a $15 minimum wage isnt a good goal.
@@highbrass3749 Yeah people don't realize that Walmart actually offers a lot of products cheaper then Amazon, plus Walmart gives you free 2-day shipping on orders over $35 unlike Amazon which only gives you free standard shipping on order over $25
I drove truck for a company that contracted with amazon, taking a shipment for amazon, say from Dallas to Houston, it’s actually very unnerving. Amazon demands that a shipment arrive at its destination in a very short window of time. So much so that breaks to use a bathroom or eat are often skipped. Also, I never had a full trailer of goods. Most of the time, it was one pallet for the entire trailer. At least the load was light. I told my dispatcher that I no longer want amazon loads. The time demands, low miles and other factors really did not make me much. And I got sick of the constant Dallas to Houston and back traffic and boringness. I’m sure some have different experiences but as for me, it was stressful, time sensitive and not great pay.
I worked at Amazon for 3 years while going to college. It was a horrible experience. From the time I started to the time I quit the rate of work that was expected doubled. When Amazon increased the the starting rate to $15, it removed its restricted stock units and some of the other bonuses that it use to give to its employees. In actuality it is paying less then before just that a lot of people can't do the math and think they got a good deal.
What do you mean "compete" with FedEx and UPS? They don't need to compete. They don't need others to pay them to run logistics, they control the entire loop. Amazon getting into logistics is just them trying to save more money and control their inbound and outbound items with better accuracy and speed.
Too many people underestimated them... and that's what happens usually when too many people underestimate someone or something. Look around what technology/business people underestimate and laugh off... and that would be the "technology/business of the future". It was the same about the Internet... people massively underestimated Internet... funny thing is, some still do.
Amazon has its own delivery force called Amazon Flex. It hires individuals with an app based system just like uber. The people sign up for blocks of deliveries, pick them up at the amazon flex warehouse and deliver just like a postman, fedex or ups. They just use their car or personal truck with a bedcover. If it's not in your area yet, its coming.
Unions for Amazon workers who are already payed above the average in the industry? Talk about entitlement. Amazon is even begging for legislation to make minimum wage $15. That are begging you to price out their competitors hahaha.
Amazon pay's their drivers and workers minimum wage while UPS and FedEx eventually pay them middle class wages. Amazon makes profit out of the desperate, the staff at Amazon need to unionize. Can't do anything about the drivers but the warehouse staff etc...
The Last Amazon order I placed was done by Amazon. I didn't have package Tracking like UPS, Fedex or USPS does to know how your package is going and expected. I had to wait at Home ;-( I hated this than by USPS, UPS, Fedex and Tracking! I understand they need to control price thow. They can't get deals for Shipping????
Amazon tracking is very great. I live in a city where my packages are delivered via amazon trucks. I receive tracking updates all the time, and on the day of delivery I can watch my package on a map and see how close/far/how many stops it has until it reaches me. When when it reaches my door they snap a photo of it and it gets sent to you with a immediate notification saying hi im at the door! Fedex/ups cannot compare
@@ChrisMRules UPS here in the NYC gives you a map to follow your packages too, and not just from Amazon. It's why I love living in a major city. You can get almost anything within an hour or two, and all of the innovation happens here first.
Well if the post office, ups, DHL and FedEx are getting worried about Amazon taking there business then the clever thing to do is take Amazon's business and sell stuff. Just cos you are a carrier doesn't mean you can't branch out into a new field. That's what I would do if I owned a major carrier company.
As a mail carrier I believe that our losses are mostly from decreasing mail counts but also mismanagement. Unfortunately a peon like me will never know the truth and this is just speculation. Recently they have begun to micromanage certain things. I got flak for coming in five minutes early one day. I don't even get paid by the hour.
I used to work for one of the two companies mentioned here. Honestly, Amazon is doing the right thing for them here. The issue is that when it comes to the other shipping companies they are not always fair when it comes to commercial contracts. They also have very high rates depending on place, etc. And only fly planes at designated slots. For instance most cargo planes leave around 9pm local time once a day. That makes faster shipping somewhat impossible here without their own options. Getting other slots when most airports are limited in cargo space for the other two, is nearly impossible because of the process needed for cargo shipping. The only real solution is your own and if you're as big as Amazon, you'd be nuts not to do this.
USPS should be ok, they might be the main provider or non amazon shipper, aka ebay sales and normal mail. But private shipping company like UPS and FedEx going to need to change things up or try to provide a better service for seller.
9:00 That is one of the cutest robots I have seen. I just worry at thieves picking it up and stealing it. Or it getting hit by a car. I wonder what the battery range is on it. Like, does a worker from a facility drop it off in the neighborhood for it to make it's slow rounds? While cute, it doesn't seem very practical. 1) It doesn't seem to have much space inside, like it can only carry a small box for a single delivery, requiring it to return to a person to refill it; wasting time making extra non-efficient work when a person could have easily done it instead. 2) It seems to work like a roving locker and that the person has to be home for it and or also walk way out to the street to get their package. Is it capable of dropping the package off at the door if no one is there to collect it? In the video clip it looks like its a top-loader, making that a no. :/
Sorry but Phoenix International airport only flys out 4 Amazon planes a day compared to FedEx being 9 sometimes 10 and ups flying out at least 16 or 18 at times.
Very interesting clip regarding the supply chain and distribution strategies surrounding Amazon and other transportation mediums. We will see what the future holds.
If anything this just helps fedex and ups by taking a rapidly growing amount of online shoppers and distribute it better. Sure fedex and ups will lose money but neither of them will be going anywhere. They all need each other in a way to help with the growing demand of online shopping.
The last three orders I've placed at Amazon have been next day delivery no extra charge. then today my amex got hit for the annual Prime fee $119 up twenty from last year (I think)
Michael Walker Trump: I’d like 5 billion for a wall AOC: I’d like 49 trillion for my GND Nancy Pelosi: A wall is expensive Chuck schumer: walls don’t work (2014)-25 billion to Obama for a wall Michael Walker: .
I hope UPS goes down totally. They cuddle their bad drivers and give them rein to do as they please. If you’re stuck with a bad UPS driver on your route, you’re screwed. UPS refuses to do anything to their bad drivers. They are NOT customer focused and could care less how much damage their bad drivers can do. On the other hand, I’ve never had problems with Amazon prime. I’ll celebrate the day UPS gets their ass kicked by Amazon. Am already celebrating.
This is true. They are a union shop and while management would like to discipline the employees for bad practices, the union protects the employees by frying any management official who tries to do so.
oldtwins na Yup, The bad workers can do as they please. All they have to do is makeup a story as to why they couldn’t deliver and no matter how often a customer complains, the driver will be protected. It’s insane. I understand some protection but this union causes damage to the customers and doesn’t care.
He just threw a parcel that's someone's property that you have paid a service for to be delivered it's not right at all I've had parcels smashed to bits because of this
![KAYTRANADA - Witchy (feat. Childish Gambino) [Official Video]](http://i.ytimg.com/vi/jGK3YVmGZ3Y/mqdefault.jpg)
Which industry do you think Amazon will disrupt next?
Food or grocery delivery
Pharmacy
What Amazon needs next is their own ground delivery and get rid of USPS.
Hmm
Restaurants.
Amazon Prime steak, medium rare please.
"We are not worried about amazon" said borders book store, sears, and Circuit City.
LMAOOOO
Amazon is not responsible for those failures
Potato lol.
oh, how years have passed.
I think his point is ...over time many dead businesses once laughed at their competition.
Someone build me a time machine so I can go back 20 years and buy up Amazon, Google, and Apple stock.
FoneArc Sorry, time doesn’t exists.
but when you travel 20yrs back you will be back to poor as previously you were
@@azmankmn Even a few hundred in each stock, you'd be a millionaire by today. If you have $400 to spare, you could be a millionaire within 20 years if you invest in the right stocks.
I almost did in 2008 . google was 204 a share, look at it now
Invest in the next top 5. They will be even bigger.
Fedex and ups will feel the pain , once amazon start offering cargo space to other logistic partys to make sure there planes are always full and efficient. Dont understimate amazon,
U talking out of your ass, buddy.
@@Mr1982badboy exactly
UPS is already feeling the pain they are doing mass layoffs across the region to
@@auroramothergoddess yes its sad the UPS drivers are so in denial that a new company is about to take over. They better go back to college or something
Amazon is the antithesis of “efficiency.” It’s all PR rhetoric.
I hope all the Prime subscribers/enablers appreciate the horrific world they’re contributing to....and just to save some money. Amazon is THE most soulless, greed-defined corporation in human history.
This just puts into perspective how massive Amazon is as a company. FedEx executive sounds just like Blockbuster executives rejecting the Netflix idea. Just like Amazon is putting retailers out of business it will take a significant percentage of their business to a point where it will hurt them.
Of course the FedEx guy is spooked. But he has to appear confident because one it's several years coming also to reassure stockholders.
@Bobby Collins i understood that reference
There is a huge difference between this situation and Netflix vs. Blockbuster. Amazon isn't attempting to compete with these companies, they're trying to complete a full vertical integration of their company to save costs. As of now, they still are not trying to compete with FedEx or UPS. The reason blockbuster was killed is because they were direct competitors with the digital market.
Thats what wallmart said a couple of years ago...Later on they saw the threat...Good luck.
@@correctopinion505 as they said, "In the short term they are not competing, but long term after Amazon's infrastructure is built they'll definitely be competing.
All Amazon needs to do is create local Amazon stores where people can return, send & pickup packages like Fedex/UPS have and they will be unstoppable.
That have those already in some cities. I've actually shipped to one a few times because the package would get there a day earlier.
Although you probably can't send packages yet* I'm sure you can return orders
That's probably part of their long term plan.
Kohl's partnered with amazon so you can return stuff for free, don't even need to package it.
You can pickup orders at your local Whole Foods in “Amazon Lockers” ever since they acquired Whole Foods, similar to what Walmart does with Walmart pickup
I’m sure what the fedex guy said about Amazon is what block buster said about Netflix 🤣🤦🏽♂️
Good one...
👋🏿🤣👍🏿
Jay:"Spot on"...... Why are local malls closing because
People love the luxury of shopping from home. SAVES
time and money.
not how logistics works lmao. 82 dumb people liked your post even more saddening. take some business classes, watch how cash flows through a business and reevaluate your comment
Ryan you should tell that to Steve Harvey
@North South Amazon is going to fail?
They've already succeeded my guy.
I mean blockbuster once said that Netflix will never be a competition. So I wouldn't agree with FedEx...they better watch out
Well said
Not the same. Netflix had a totally different business model altogether, ie online convenience rather than stores. Amz is just shipping their own stuff the exact same way Fedex did. The better comparison is Amz to Sears, Circuit city etc
And even if they do decide to actually compete with Fedex on their turf, it would mean *massive* capital investment not in old 767s, but larger modern more capable cargo haulers, support staff, services etc. Then convincing Fedex customers they could ship the same cargo cheaper but just as securely.
Possible? Sure, but not the same scenario at all.
Blockbuster never said that. They actually listed Netflix as a real competitor for almost all of the time Netflix existed, and tried innovating early on to get ahead of the game.
It’s a way to not lose investors. Can you imagine how much stocks would drop if FedEx confirmed that Amazon, at this stage in their business (40 planes compared to their hundreds) IS a competition to their company?
It's totally different. Blockbuster and Netflix offered the exact same service: videos. Amazon ONLY ships Amazon products. The other companies ship EVERYTHING. Amazon doesn't help anyone who needs to send out a package that wasn't bought or sold on Amazon.
This FedEx executive's words are going to come back to haunt him in a few years.
Saying he is indeed worried or that they see it as a competitor could actually harm the company.
This is all a PR thing, if he said they were concerned about a service growing this rapidly, that would imply they think things are going to get much worse, he's saying this just to keep shareholders happy, and to an extend, he is right, FedEx is more of a premium service and Amazon is not a core customer, for UPS a similar comment should provoke some concern.
The ole fake it til you make it trick
I find it funny that Amazon has a plane hub in FedEx's backyard in Florida. FedEx controls Fort Lauderdale and Amazon is at Miami or Miramar.
FedEx CEO's has a naive view of things. No wonder they think Americans are dumb.
Amazon is already plotting out fulfilment centers on Mars
😂
Hahahahahahaa!!!
That's what his company Blue Origin is for LOL
The Fedex guy is so confident that he’s already applying for a job at Amazon... as a prime truck driver....
Fedex pays better than amazon
Too bad.. Amazon will automate that job too
FedEx drivers are trash I pray they are not the ones to deliver my package and i'm not even religious.
Sucker Free ehh as a fedex driver everyone complains to me about ups and usps and amazon. You cant always make everyone happy.
Personally I think the only threat is if Amazon gets the ability to actually ship non-Amazon packages. I also think of Microsoft and how they were attacked for much less. I don’t think there is any doubt that Amazon, while gives a lot of volume, gives very low margins. There are already capacity issues. If UPS and FedEx can fill up with higher margin stuff then it’s a win win.
Very interesting. Amazon is out to CRUSH everyone. A true monopoly.
I don't think their objective is to crush everyone. They just have an insanely good infrastructure that allows them to beat many people.
Do I go to amazon to get a nail clipper? No, I go to the local pharmacy/CVS etc. But do I go to amazon to buy pants or shoes that i 100% know the size or and what I need? Yes, because I dont have the time to go to a store and buy them, or hope they have my size in stock.
Only a matter of time, until America breaks up the oligopolies.
@@mxp6466 I get you but on the flip side, I don't think Netflix was out to crush blockbuster but it happened through leverage and a rapid increase in market acceptance. I see a similar situation cooking here
@@belowaverageluke1369 Yeah. Government intervention is inevitable. But I think most of the "decision makers" are old timers and don't see anything on the internet as a threat to status quo
Kirk Buchanan So because Fedex and UPS aren’t willing to innovate and grow their businesses, Amazon shouldn’t try and expand?
The Fedex guy's famous last words: "That's in no way a competitive threat". Good luck mate.
I agree...he cannot be that dumb. He is talking to the stockholders...hoping they will not dump their Fed Ex stock...no other explanation.
label1877 exactly, those words are for the stockholders, thats why he pointed out the amount of flights they have or the 700 planes they have, also I believe they’re currently working on fight against amazon.
I guess that's really the only thing he can say publicly, but privately FedEx has to be concerned.
Well fedex lost a big fat contract to amazon so amazon delivers and ships among themselves so the money that was going to fedex stays in-house
1% not too much of a threat lolz. An insider like myself could tell ya more but ill keep you ignorant hahahahaa
This FedEx Senior VP reminds me of Steve Ballmer when asked about iPhone...
well in the interview hes representing FedEx, if he shows any sign of doubt this can and will cause the fedex stock to plummet down even more.
FedEx hasn't taken much of this market because the rates are too low and that's not their business model. They are in the overnight critical delivery business-which Amazon isn't and most likely never will be.
@@Lufty25 The CEO did a pretty poor job at faking confidence. lol
What kind of drugs are you smoking?
Or Walmart and others when asked about Amazon as a threat back in the day when they started. They will be joining them real soon.
Mr. Bezos will go down in history with the like of JP Morgan and Rockefeller.
Kevonte Daniels lol no...those guys had some crazy cash, not net worth from stock holdings
@@sijosue rockefeller became a billionaire when the us government made him split up his oil company into a few dozen entities, each with their own stock. he no longer had day to day control of these companies but still had stock in them. rockefeller became the richest man in the world because of stock holdings. they didn't horde cash. you would need a few dozen fort knox just to store it. drug kingpins spend much of their time trying to hide cash money but it takes up to much room. a few are billionaires but even some mid level drug guys have problems hiding a dozen or so million dollars.
@Panther 74 Escaping that's the route he already on.
*likes of
@jerry wayne Also to his stupid mind, falling in love with a latino and cheating on his wife, is he serious? that's pretty stupid for the richest man in the world.
The FedEx VP attitude is how large corporations fail and go bankrupt. Unless he playing it cool for the camera.
Has to appear strong for the share holders.
hopefully its the later. you have to play it cool dont want your stock to go down by admitting a new threat has emerged.
that's what he has to say on camera, but they arent just sitting around doing nothing behind the scenes.
You lose money shipping for Amazon
2070: You have to buy Amazon Homes, go to Amazon Grocery Stores, take an Amazon Commercial Plane to visit Europe, your local Amazon Chinese Takeout place.
And buy stuff with the amazon credit cards
a bit scary I think
2090 : USA is called United States of Amazon
And live on amazon earth
Yeah and the uneducated sheep of America don’t seem to have a problem with it.
Send by car is shipping, send by ship is cargo. English is funny man 😂
That is funny, but they actually don't mean the same thing. "Shipping" refers to moving a product, while "Cargo" refers to the product itself. I.e. "I am shipping my cargo."
Send by ship is also shipping... can be.
@@saxopio6280
Yes but when a building catches fire the alarm goes *off* not *on* 😬
WWE & UFC ring is not in circle..
we park in the driveway, and drive on the parkway. 🤷🏻♀️
I purchased a bag of high end soil, very hard to find locally, from Amazon for half what I've been paying, and it was delivered in less than 48 hours for FREE.
That means a ton to me.
Sparky's Space - what is the ecological price of this? What a paradox: high value soil from an economical system that destroy soils!
@@philippechevereau9818 We are learning the costs, and how to reduce, replace, and even rebuild what is destroyed, the microbiology is what really needs to be protected, I only purchase from companies that "claim" to be responsibly sourced, but who knows.
John Bennet army is necessary as cars and some travels.
It is only a question of choice:
Do I need a 6L Engine or does the hybrid do the job?
Do a need a 350ps Porsche or is a 150ch sufficient?
How much beef which is the most polluting activity do I eat? Does it serve my health?
I recommend a great book of Pierre Rabhi: the share of the Colibri
No single contribution is too small and waiting for governments to move means it will most likely be too late
I agree with you brother , I've purchase car tires for less than what i saw them in stores for
Sparky's Space you dont understand, when amazon controls everything, they will be able to set prices tp whatever they like and if any competition starts growing, they’ll weed it out with predatory pricing
6:16 We don't see a world where Amazon would be a competitor of Fedex
Amazon: Hold my beer
I'd trust amazon a lot more with my mail than the actual USPS
b16da9 sadly this is REALLY true, on both mail and packages. Amazon seems to actually deliver at a constant expected time span
People forget amazon is delivering only amazon packages. That’s it. Ups, fedex and USPS are basically delivering the other 99.9% of companies. And tbh Amazon can barely deliver their own things. Which is way you still see UPS, USPS, and FedEx still delivering some of your Amazon packages. It’s a huge company but one thing you’re forgetting is all the Other mailing companies still have thousands of facilities all around the world and are still constantly building new facilities with high end tech inside it. amazon only has a fraction of what the other companies have. This report is showing you all of Amazon’s cool stuff but they aren’t showing you what USPS, FedEx and UPS have had for the last 10 years
Amazon's AMZL shipping has been a failure. I order over $50K a year through amazon and I had to switch back to grainger because AMZL shipping is horrible.
Once you see the AMZL tracking number you know the package will be late and then you know 30% of them will never show up and be lost.
When amazon used UPS they never had a late or missing shipment. Grainger uses UPS and you can 100% rely on their shipping.
You sir!! Are the smartest person on the comment section 🙏🙏
@@common_c3nts All shipping works for me, must be your area.
Common_C3nts yes never had a problem so must be in your area.
I'm a fedex driver and Amazon doesn't ship all its packages..they ship small packages and we deliver all it's big packages
I have had FAR more problems with Amazon package deliveries than I have had with FedEx/UPS. Amazon drivers are (at least in my area) bottom tier. They are paid the least and as such work to grind through as many packages as they can, and to do so are typically tossing packages from a distance, like its a shot-put competition
In the UK, Amazon have always had the best delivery service! There are a couple drivers for my specific district that I have come to know. And they literally ask me to call them if i'm out at my university, and they will drive over to pass it to me. LIKE WTF. Legit legends.
And amazon's return policy is amazing and effortless. Always on the side of the customer, and they always make up for mistakes or mishaps.
It’s Prime Air, not Amazon Air
Putting amazon in the title will increase publicity.
Actually, it is Amazon Air, formerly known as Amazon Prime Air.
@@jumboJetPilot that's known
Amazon uses wet leases on their aircraft ironically it's the same thing DHL does on it's U.S routes from the very same leaser ABX air
@@areszippy4434 @ 7:49 the sign literally says Amazon air
Amazon will soon have their own robots flying their planes and driving their vans.
It will be many decades before a computer will pilot an aircraft, this has been covered on the Mentour Pilot channel.
How would the package get from the driverless van to the customer?
They already have self driving cars🤔
Then we gonna more people without jobs
They don't own the vans
@Mr Penguin so what will happend to all delivery drivers then if replaced with robots and pilots as well?
History is being made right before our eyes, and in our lifetime. As a carrier for Amazon, it amazes me how I can carry a 180lb box in the 53' trailer, 50 miles across town, and then 50 miles back with an empty trailer, and they still make money! One of the things that makes this country GREAT!
Amazon doesn't always make money, it's subsidized by their AWS profits.
What's even more amazing is that you're an Amazon driver who speaks English.
The next step is to built their own runways.
you're a complete dummy.
LOL, you are.
that makes no sense because literally anyone can build their own runway with the right materials
I’m sure they have a team within Amazon coming up with this. Air traffic controllers might have new opportunities as a result. This will put upward pressure on wages for these guys. That’s a great thing!
Or they'll talk some small town into borrowing money to build the airport for them
Next, Amazon is gonna buy a fleet of F-35s to fulfill same day delivery.
That FedEx guy is gonna wake up one day and realize he should have taken Amazon seriously
Cash is king $$$$$$$$$$$$$$$$$$
Amazon changed the way I shop. Ordered $100 worth of items yesterday afternoon. Arrived at my doorstep this morning free of charge. Life is good
There is a hidden cost however
@@perro7183 which is? Goods are cheap, no hidden cost.
@@perro7183 The human cost from the sweatshop-like conditions of Amazon's "Fulfillment Centers". I recommend John Oliver's episode on Warehouses.
@@kevinglazier8950 true but that's their business they should strike
You could have fed millions of starving African kids
I’m not personally complaining... but I sense some antitrust issues coming relatively soon in Amazons future.
Let's hope it's sooner rather than later!
Antitrust usually is about horizontal consolidation, not vertical.
So if they buy Walmart, then yeah probably.
But this is more like McDonalds buying farms for ingredients, something they actually do.
This isn't usually blocked by antitrust laws.
No I think online shopping is going to be popular for a while and if online shopping is popular so will amazon.
successful businesses = muh monopoly.
@@merlinious01 you right vertical mergers are legal like at&t buying HBO but horizontal mergers are illegal like at&t buying tmobile. Bernie Sanders actually wanted to break up Amazon, big banks etc before they get to big to fail.
I can just visualize one of those robots getting stuck in some sidewalk crack somewhere 🙄
RawStarMon lmaooooooooooo
August 2019. I still get my Amazon packages from Arizona to New Mexico through UPS that uses the USPS last mile service. No Prime service here.
I could see right through that FedEx Executive's poker face 😅
As much as I love Amazon for their service, a monopoly WILL hurt in the long run
Monopolies are always temporary.
Amazon's shipping stinks. Still waiting for a order from two weeks ago. This is not the first time. Never had a problem with UPS.
So Amazon started out as an online book store, then expanded to multitude of products, which drove many retailers and competitors out of business, now Amazon sells almost any product available, they have entered the food market by buying whole foods, they have prime video streaming, music streaming, and almost any kind of streaming available, they have the Amazon Alexa, Kindle, and Amazon basics,
and finally, they are entering the logistics market and shipping 26% of their products, which is slowly going to rise, and they get huge tax cuts due to big loopholes in the US tax system.
This is clearly a Monopoly, a lot of companies will be going out of business in the coming future.
Also google what a monopoly is
Sunny shah that is why we need a president that can stop all t monopoly companies(Bernie Sanders 2020)
not a monopoly no matter if you think it is. also you forgot web services. amazon is the biggest dog in that market and many of its competitors in other places are its clients including netflix.
Then Amazon will be out of business cuz there will be no jobs🤦♂️🤦♂️🤦♂️
As someone who retired, never having used my MBA, I encourage you to check out the inner working of these company systems. The efficiency is bewildering, far beyond what we were taught in business school as even remotely possible. Whatever you think about America and the world, the package and food distribution systems are wonders of the world that keep our nation going even during these incredibly hard times...
How will they suffer ? Amazon only ships things that are bought through amazon . Fed ex and ups deliver everything else . ( expect mail ) and better yet fed ex and ups even deliver amazon boxes too 😂😂
Complicated. If I were Jeff, Id still be selling a few hundred books a day out of my garage and just calling UPS everyday......but then again, Im no furnace of ambition...
The USPS is wholly depended on FedEx and UPS on its Priority Shipping. They also process their bulk delivery to Post Offices in exchange for a handling charge. #UPS #Preloader
Amazon is taking over the entire world now. Even small shops in my country are suffering! =/
Small shops dont hire thousands of people though. So who cares?
@@lotto5742 In a developing country like mine: Believe me, we DO care.
@@edyann What country are you from?
@@lotto5742 Small businesses create more jobs than Amazon, since Amazon is using more technology and a streamlined workforce. Some will say that it is good that we are advancing in using technology to support and replace people, but we are also shrinking the job market while doing this. New jobs are obviously created, but a much larger amount of jobs is taken away.
@@lotto5742 I am in northern Mexico. And my husband and I own a small vegan shop here. And we're feeling the effects. A lot of Americans live in my city but now they are getting their vegan products from AmazonMX. Believe me, it's been hard for us and we're surely feeling the impact.
Investors need to calm down and stop worrying about FedEx and UPS, if you want to make real money in the logistics business, you focus on global trade and transport large cargos. Like FedEx said, Amazon only makes up a fraction of their business. No one likes delivering door to door because you barely make money from it and it's a total logistics nightmare
Give it another 5-10 years Amazon gonna take over that too... as a investor I'm pulling out of ups stocks
UPS, Fedex, and USPS all make very good money shipping to your door. It is how they are successful businesses.
@@common_c3nts They make good money in dollar amount, but not compared to their large operations. Door to door deliver is hard money and includes tons of expenses with thin margins
@@raywei8472 UPS has built their business on door delivery efficiency. They are very profitable at doing it. It is their business.
Common_C3nts well most of UPS business is moving business volume to other business and not home deliveries.
i work at ups as a supervisor. on the daily my hub is probably on average loading 300,000 amazon packages per day. amazon still outsources and uses companies like ups and fed ex. reason being is that fed ex and ups have so many facilities. amazon sells their products, and finds ways to ship them, ups makes money through quantity of packages. during winter of last year we were getting at least 1 million packages out of our building a day. keep in mind that is one out of the MANY ups buildings that exist. it is about the quantity, the speed, and efficiency that will always keep ups and fed ex on top of amazon.
It wouldn't shock me to see Amazon acquire some of the first hybrid planes in the future. They can go green, cut expenses and still get orders to customers fast. The same with semi-trucks also. If they do it, I said it first.
My concern with Amazon isn’t how it kills certain industries almost entirely, it’s how it kills certain stores one by one. Hear me out, Amazon has been playing dirty.
If you sell your stuff on Amazon, they know which of your products are successful and which aren’t and they’ll just take the successful ones and call the manufacturer themselves. That’s why Amazon has created so many brand lines and that’s why, since a couple of years, you can buy an Apple charger for two bucks now.
After they copied your product but only the successful one, they can decide how many people see your product because amazon isn’t just the vendor it’s also the marketplace. They’ll just hide the link to your product in the never ending void of “to buy suggestions”.
That’s dirty and has people going bankrupt for selling at Amazon. If you have a product, don’t sell at Amazon.
I have a friend that works with the postal service & she told me that every time an Amazon delivery driver drops a package off at the wrong house, they will not come back & pick it up. I reckon the customer gets credit on what they ordered & they reorder it again.
I have had my Amazon packages delivered by every one of the delivery services mentioned in this video. The only service that failed to complete deliveries to me is AMAZON! They failed to find my house, failed to follow directions for re-delivery, and caused me in several cases to file to return the item without ever having received it. I now receive my Amazon packages at a local 7-Eleven which has an Amazon lock box outside. My house is on a regular, well-marked, well-lit city street.
They're pretty new at doing their own shipping, so they screw up a lot. When Fed Ex was first starting up, they weren't all that great, either. Now, they're one of the gold standards for reliability. I have little doubt that Amazon will fix its mistakes, in time.
Ok undercover ups LOL
For anyone saying "monopoly", diversification doesn't make you a monopoly. What makes a monopoly is when you own a huge market share of a single sector/industry, not just because your in multiple industries (although amazon could arguably be that in their e-commerce business, they are definitely not that in all their other business ventures including amazon air).
No one knows the difference between a Monopoly, or a Corporation. It is just people parroting Trump.
@J K I suppose you may be right considering the package/cargo delivery industry is somewhat tied to e-commerce. I don't know about that "AOC political system corrupt looking the other way" thing though. Might even go on to say that that makes no sense at all, because of very obvious facts. Given the very public rivalry between the current administration and Jeff Bezos, you don't think the U.S attorney wouldn't have already launched an anti trust case against amazon at this point if that case could hold up in court?
Not yet...
Honestly if they keep their diversification plans going they'll be the next Samsung.
2% is nothing in the logistics industry
Those Amazon sidewalk robot things will definitely get vandalized
Imagine robbing these robots or recoding them to steal for you haha :D
Probably will have cameras connected to Amazon cloud sending every picture about suspects live natural selection at it's best.
Those won't be able to make the delivery in Harlem, but will surely be the standard for many other places.
didnt stop vending machines. Flawed logic.
sling shot target
LOL the FedEx guy is so cute pretending like this isn't a real threat to his company. If a 2% shift in business alone causes your stock to go down 20%, you have real problems. I called this years ago that Amazon was going to start creating their own transportation services and it's happening.
Stocks go up and down everyday even Amazon
That is the problem with the stock market. Amazon lost 2% of its business, stock market panics and shares drop 20%. Now everyone thinks FedEx is failing when its not at all. Stock markets have no real connection to how a company is actually performing, but stock markets can destroy a company on perception alone.
@@Hotspur37 that is true
I really want to see Amazon try to make a competitive enough logistics company. They will go bankrupt before they can compete with ups and FedEx levels.
Kenneth DeTalente isnt it what nokia, blackberry, palm, windows mobile said about iphone yo?
Those planes look gorgeous
I like that dude in the warehouse at 8:34 chucks the box 10ft like a basketball 😂
Amazon rose the $15 Minimum But cut Overtime, benefits etc.
@Niles TV the employees worth a damn now make less money. It was a dumb move pushed by dumb people. Amazon saves money now because of it --- at the cost of the employees. Just like in NY w/ the $15/hr nonsense -- just as predicted, people are now finding themselves unemployed.
@Niles TV when I worked for Amazon the first time I would get 55 hours when I went back 25 was the max they offered, luckily I found construction job fast.
@@mhamma6560 that's because Amazon is evil and wants to maximize human suffering and profits. Not because objectively a $15 minimum wage isnt a good goal.
11.2 billion profit and $0 federal tax. David Copperfield is even jealous of that hat trick. Google "dont be evil!" Amazon "yes Please"
Hasn’t FedEx, UPS and USPS seen how Amazon works with partners?
They simply learn all there is and later do it themselves.
Yup, it's called good business, in a free market.
Yep. Wal-Mart is doing it and their prices are better than Amazon's.
@@highbrass3749 Yeah people don't realize that Walmart actually offers a lot of products cheaper then Amazon, plus Walmart gives you free 2-day shipping on orders over $35 unlike Amazon which only gives you free standard shipping on order over $25
I drove truck for a company that contracted with amazon, taking a shipment for amazon, say from Dallas to Houston, it’s actually very unnerving. Amazon demands that a shipment arrive at its destination in a very short window of time. So much so that breaks to use a bathroom or eat are often skipped. Also, I never had a full trailer of goods. Most of the time, it was one pallet for the entire trailer. At least the load was light. I told my dispatcher that I no longer want amazon loads. The time demands, low miles and other factors really did not make me much. And I got sick of the constant Dallas to Houston and back traffic and boringness. I’m sure some have different experiences but as for me, it was stressful, time sensitive and not great pay.
When enough company’s have been put out of business.Amazon will do away with free shipping.
Now I understand why UPS stock drastically dropped in value over the last few months.
I worked at Amazon for 3 years while going to college. It was a horrible experience. From the time I started to the time I quit the rate of work that was expected doubled. When Amazon increased the the starting rate to $15, it removed its restricted stock units and some of the other bonuses that it use to give to its employees. In actuality it is paying less then before just that a lot of people can't do the math and think they got a good deal.
The 2 dislikes are from UPS and FedEx
3rd from usa postal service .
UPS and FedEx employees.
I wouldn't blame them
They are from mine 👌
Amazon is becoming like B&L from the Wall-E movie. Bezos is already building rocket ships! 🚀
Are we just gonna ignore the guy shooting a free throw with the package at 8:32 ?
*WoOoooF*
How does CNBC pump out these videos so frequently, like jeez. These videos are so high quality.
What do you mean "compete" with FedEx and UPS? They don't need to compete. They don't need others to pay them to run logistics, they control the entire loop. Amazon getting into logistics is just them trying to save more money and control their inbound and outbound items with better accuracy and speed.
Is fedex express going out of business in the near future ? Because I have a job interview for delivery driver and now I'm worried lol
bet my children won't know what FedEx or UPS is... (15y)
they are pricing themselves out of existence. bye, bye high union wages
dufus X lol ok. Unions are so bad right? How dare the get rid of child labor we need as many workers as possible!
Except year over year their volume has significantly increased, causing more runs to be created and facilities to be built.
Provocateur good one. russia is still a developing country for real
@Gr8 Incarnate What's a blockbuster? Nevermind I looked it up - seems to be fake news to me as Netflix invented video rental.
What happened to the little online bookstore?
Too many people underestimated them... and that's what happens usually when too many people underestimate someone or something. Look around what technology/business people underestimate and laugh off... and that would be the "technology/business of the future".
It was the same about the Internet... people massively underestimated Internet... funny thing is, some still do.
Amazon has its own delivery force called Amazon Flex. It hires individuals with an app based system just like uber. The people sign up for blocks of deliveries, pick them up at the amazon flex warehouse and deliver just like a postman, fedex or ups. They just use their car or personal truck with a bedcover. If it's not in your area yet, its coming.
Well it’s time for those Amazon employees to get unionized.
They cant, immediate termination to follow if they so much as breath unions.
Unions for Amazon workers who are already payed above the average in the industry? Talk about entitlement. Amazon is even begging for legislation to make minimum wage $15. That are begging you to price out their competitors hahaha.
Well Amazon drivers cant unionize because 80 percent of them are contractors. Benzo is hella smart
@@teerificbitch bootlicker
To scared
I don't buy anything from Amazon. Prices are higher than eBay or others. Also don't use any of the other services they provide.
You probably among the very few
Amazon pay's their drivers and workers minimum wage while UPS and FedEx eventually pay them middle class wages. Amazon makes profit out of the desperate, the staff at Amazon need to unionize.
Can't do anything about the drivers but the warehouse staff etc...
The Last Amazon order I placed was done by Amazon. I didn't have package Tracking like UPS, Fedex or USPS does to know how your package is going and expected. I had to wait at Home ;-( I hated this than by USPS, UPS, Fedex and Tracking! I understand they need to control price thow. They can't get deals for Shipping????
Amazon tracking is very great. I live in a city where my packages are delivered via amazon trucks. I receive tracking updates all the time, and on the day of delivery I can watch my package on a map and see how close/far/how many stops it has until it reaches me. When when it reaches my door they snap a photo of it and it gets sent to you with a immediate notification saying hi im at the door! Fedex/ups cannot compare
your comment gave my inner grammar nazi severe depression
@@miat9301 I'm on meds fool! ;-(
@@QuietStormX 😂😂😂😂😂
@@ChrisMRules UPS here in the NYC gives you a map to follow your packages too, and not just from Amazon. It's why I love living in a major city. You can get almost anything within an hour or two, and all of the innovation happens here first.
well they have one less aircraft now! R.I.P
Well if the post office, ups, DHL and FedEx are getting worried about Amazon taking there business then the clever thing to do is take Amazon's business and sell stuff.
Just cos you are a carrier doesn't mean you can't branch out into a new field.
That's what I would do if I owned a major carrier company.
Its got 49 in its fleet now :(
As a mail carrier I believe that our losses are mostly from decreasing mail counts but also mismanagement. Unfortunately a peon like me will never know the truth and this is just speculation. Recently they have begun to micromanage certain things. I got flak for coming in five minutes early one day. I don't even get paid by the hour.
You're a rural carrier than.
yup
I agree.. age of the internet killed USPS. 75 percent of what I get in the mail is junk advertising.. nothing I asked for or was expecting
FedEx sounded like Microsoft when the iPhone came out.
I used to work for one of the two companies mentioned here. Honestly, Amazon is doing the right thing for them here. The issue is that when it comes to the other shipping companies they are not always fair when it comes to commercial contracts. They also have very high rates depending on place, etc. And only fly planes at designated slots. For instance most cargo planes leave around 9pm local time once a day. That makes faster shipping somewhat impossible here without their own options. Getting other slots when most airports are limited in cargo space for the other two, is nearly impossible because of the process needed for cargo shipping. The only real solution is your own and if you're as big as Amazon, you'd be nuts not to do this.
LOL USPS is sooo screwed!
XPoChangLinX not really
Edgar Castro yes really
XPoChangLinX they aren't screwed they are just losing alot of business they are still responsible for mail
USPS is the last one that would go out of business vs UPS or Fedex. The USPS is profitable and self sufficient. This news person lied about that.
USPS should be ok, they might be the main provider or non amazon shipper, aka ebay sales and normal mail. But private shipping company like UPS and FedEx going to need to change things up or try to provide a better service for seller.
9:00 That is one of the cutest robots I have seen. I just worry at thieves picking it up and stealing it. Or it getting hit by a car. I wonder what the battery range is on it. Like, does a worker from a facility drop it off in the neighborhood for it to make it's slow rounds? While cute, it doesn't seem very practical. 1) It doesn't seem to have much space inside, like it can only carry a small box for a single delivery, requiring it to return to a person to refill it; wasting time making extra non-efficient work when a person could have easily done it instead. 2) It seems to work like a roving locker and that the person has to be home for it and or also walk way out to the street to get their package. Is it capable of dropping the package off at the door if no one is there to collect it? In the video clip it looks like its a top-loader, making that a no. :/
Sorry but Phoenix International airport only flys out 4 Amazon planes a day compared to FedEx being 9 sometimes 10 and ups flying out at least 16 or 18 at times.
Why are you sorry?
amazon has just started doing it. wait a few years, it will be different.
i can tell theyre shipping costs went up as the last ten item i went to buy were all cheaper in the stores. so i bought them in the stores that day.
Yikes! I was watching this yesterday as the Amazon Air cargo plane crashed outside Houston!
Just like how blockbuster wasn't worried about Netflix
6:04 - If amazon isn't regulated in some way, this man is gonna regret his statement...
AMAZON IS STEPPING ON KNECKS!!!!!!🥾🤷🏻♀️😂
Poshhe.A facts 😆
‘We are Amazon Air; Resistance Is Futile; You Will Ship With Us’
What next, Amazon might make their own boxes, & invest in a Corrigatur & compete with PCA
Very interesting clip regarding the supply chain and distribution strategies surrounding Amazon and other transportation mediums. We will see what the future holds.
Who’s here after that PrimeAir plane crashed in Houston??
Random lol me
A n G e R y B 0 i p it’s not anything to lol about, have some respect
Random it did? Nice
JunaidAtEMA oh ok
JunaidAtEMA sorry
Maybe that's why they charge sometimes double the amount of money spent on goods. Under " shipping " , they're trying to expand their fleet !
Without Amazon the Post Office would be obsolete.
Wrong.
These videos are amazing and really informative. Keep it up CNBC!
I use the post office whenever possible for deliveries...they have stepped their game up.
"we arent worried about amazon" you know about the turtle and the hare?
I now see Amazon marked Mercedes sprinters. I also saw my package delivered in an unmarked truck.
they bought 20,000 of those sprinters
rochester3 they just ordered 100,000 more
rochester3
Did they ever buy any nissan NV vans?
If anything this just helps fedex and ups by taking a rapidly growing amount of online shoppers and distribute it better. Sure fedex and ups will lose money but neither of them will be going anywhere. They all need each other in a way to help with the growing demand of online shopping.
They just announced 1 day shipping to prime members today! The game has changed!!
The last three orders I've placed at Amazon have been next day delivery no extra charge. then today my amex got hit for the annual Prime fee $119 up twenty from last year (I think)
Trump: Amazon is costing taxpayer dollars because of cheap usps rates
CNBC: Actually ah, nah
He only believes FoxNews
Michael Walker
Trump: I’d like 5 billion for a wall
AOC: I’d like 49 trillion for my GND
Nancy Pelosi: A wall is expensive
Chuck schumer: walls don’t work (2014)-25 billion to Obama for a wall
Michael Walker: .
Calvin Fujii lol you don’t know what I’m doing
My favorite part of the video. Eventually there will be a "sic" affixed to every clip of him.
I hope UPS goes down totally. They cuddle their bad drivers and give them rein to do as they please. If you’re stuck with a bad UPS driver on your route, you’re screwed. UPS refuses to do anything to their bad drivers. They are NOT customer focused and could care less how much damage their bad drivers can do. On the other hand, I’ve never had problems with Amazon prime. I’ll celebrate the day UPS gets their ass kicked by Amazon. Am already celebrating.
This is true. They are a union shop and while management would like to discipline the employees for bad practices, the union protects the employees by frying any management official who tries to do so.
oldtwins na Yup, The bad workers can do as they please. All they have to do is makeup a story as to why they couldn’t deliver and no matter how often a customer complains, the driver will be protected. It’s insane. I understand some protection but this union causes damage to the customers and doesn’t care.
8:32 that man just lost his job 😁😁
luke lewis how?
He just threw a parcel that's someone's property that you have paid a service for to be delivered it's not right at all I've had parcels smashed to bits because of this