Amazon confirmed that it ended its relationship with these three DSPs, and that the company will support laid-off drivers with new DSP opportunities.
Inpax declined to comment for this story. Urban Mobility Now, which did not answer its phones, has already shut down its website and pages on LinkedIn and Facebook, and could not be reached for a comment.Amazon has been actively expanding its logistics network as it becomes its own biggest delivery provider. As part of that growth, it has recruited and hired dozens of people over the last year to start and operate new DSP companies delivering Amazon packages.
At the same time, Amazon has been moving other parts of its logistics operations in-house as it grows a network of planes, trucks, vans, and even ocean freighters. The in-sourcing moves have been particularly taxing to companies who provide Amazon with their delivery services. This is because the companies Amazon uses for logistics often depend on the retail giant for a large part of their revenue, so when Amazon curtails its business, its partners are often forced to readjust their yearly outlooks.Amazon's transition to move its own packages slashed $600 million in expected revenues at XPO Logistics — the top logistics company in the US by revenue in 2018.
Amazon has been trash for a long time. They don't care about people's livelihoods. They also permanently suspend thousands of online sellers every year...after copying the sellers hot items, applying their own brand to sell directly from their own platform as their own products🤔
Lol if it's not even profitable then it's a wonder why anyone would want to work with them. If it came with 'Amazon' clout I could understand but if Amazon pulls out, your business closes and the 'clout' for being associated with Amazon doesnt matter anyway lol
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Source: MarketWatch - 🏆 3. / 97 Read more »