Amazon has begun shipping cargo for outside customers to compete with UPS and FedEx.
According to a CNBC report on Monday (Sept. 6), Amazon’s first quarter earnings show an 80% rise in capital expenditures, which helped it boost the capacity of its logistic network by 50% from year to year. The retail giant is now shipping 72% of its own goods, compared to 46.6% two years ago, with a global transportation network that includes 400,000 drivers, 40,000 trucks, 30,000 vans and over 70 planes.