Friday, January 15, 2016

By Land, Air and Now Sea: Amazon Looks to Arrange Ocean Freight - Digits - WSJ

Optimizing global logistics for e-tail

"The move speaks to the company’s broader ambitions to take the reins of shipping and delivery from traditional players. It is rolling out its own branded semi-trucks, considering leasing cargo planes, and experimenting with drones to get packages to customers quickly and inexpensively.

Today, a hodge-podge of companies are duking it out for the highly fragmented $160 billion business of arranging cargo shipments, meaning Amazon could potentially pick up market share quickly. As a result, a host of startups are also trying to modernize freight forwarding, and have picked up Silicon Valley venture-capital backing. Those startups include Flexport, which in August landed a $20 million funding round."
By Land, Air and Now Sea: Amazon Looks to Arrange Ocean Freight - Digits - WSJ
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