Amazon takes intention at UPS and FedEx with new delivery service

It will be interesting to see how consumers take to the idea of Amazon as a courier of products that aren’t always from Amazon

United Parcel Service Inc and FedEx Corp shares fell 2 percent on Friday, after a report said Amazon.com Inc is preparing to launch a delivery service for businesses, which would directly compete with the US package delivery companies.

But other experts have told Retail Dive that Amazon's shipping services could indeed rise, much like its cloud services have, to serve third parties.

For years now, speculation about Amazon's delivery ambitions have swirled, with some analysts predicting that, beyond solving its own internal logistics problems, it could be an Amazon business unto itself.

UPS had a rocky holiday season late a year ago, as it underestimated the crush of online shopping during so-called cyber week right after Thanksgiving.

The retailer expects to roll out the new delivery service in Los Angeles in coming weeks, the Journal said, citing unnamed people familiar with the matter.

Although Amazon already sends some of its orders in nearly 40 cities in USA, it is to be seen wher company is ready to face each or with established firms, such as FedEx and UPS.

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Four years ago, Amazon acquired a 4.2% stake in United Kingdom shipping service Yodel and a 25% stake in French delivery service Colis Prive. This week, the firm said it would start making two-hour grocery deliveries from the stores for Prime customers. It also leases aircraft and ocean freight equipment to deliver its packages.

Rumors have swirled for some time that Amazon has explored bringing some of its delivery services in house to take control of the process and avoid delays often seen around the holidays. Then along came Amazon and, in a little over a decade, it was out of business.

SWA will roll out in Los Angeles over the next few weeks and then spread to other cities in the U.S. over the course of the year. Cowen reiterated an "outperform" rating and set a $240.00 price objective on shares of FedEx in a report on Friday, October 13th.

"The complex global delivery networks of FedEx (and UPS) are highly hard to replicate", wrote Cowen analyst Helane Becker.

An Amazon spokesperson said: "UPS continues to support Amazon and many other customers and we don't make comments about their business strategies or decisions regarding their utilization of UPS services".

FedEx spokesman Patrick Fitzgerald said the Journal headline showed a "lack of basic understanding of the full scale of the global transportation industry". Following the completion of the transaction, the executive vice president now owns 187,025 shares in the company, valued at approximately $46,892,778.25. There were reports that Amazon had also negotiated with Boeing that year for jets to launch its own air cargo business.

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