• TrackinDaKraken@lemmy.world
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    1 day ago

    None of them want to say it, so they’re making excuses.

    Sales are plunging. The poors are broke, and have stopped buying crap they don’t need.

    It’s not going to get better anytime soon, either.

    • tal@lemmy.today
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      1 day ago

      I don’t know if there’s less UPS shipping done by Amazon, but Amazon sales are okay.

      https://www.marketplacepulse.com/stats/amazon-north-america-sales

      searches

      It sounds like it’s more to do with the fact that Amazon built out its own delivery infrastructure and had been giving the less-desirable deliveries to UPS.

      https://www.inc.com/jason-aten/7-words-explain-why-ups-is-cutting-amazon-loose/91145555

      For Amazon and UPS, the relationship started to change during the 2013 holiday season after a meltdown of the UPS shipping network led to millions of gifts not arriving in time for Christmas. The debacle spurred Amazon to accelerate the build-out of its own delivery network to reduce its reliance on third-party shippers like UPS.

      Estimates suggest that Amazon has spent well over $100 billion to build out its own network. As a result, it delivers the majority of orders itself, leaving outside carriers to deliver less profitable packages.

      • Krauerking@lemy.lol
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        22 hours ago

        I will say… Using total dollars spent without adjusting for inflation means that every year/quarter will look like the best year as long as something catastrophic hasn’t happened.