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Amazon ships cheaper than FedEx, UPS

Published 11/09/2018, 02:08 PM
© Reuters.  Amazon ships cheaper than FedEx, UPS
  • UPS (UPS -1%) drops on news that Amazon (AMZN -2.7%) is offering 50% cheaper shipping for sellers in its pilot shipping program in the Los Angeles area.
  • A seller tells CNBC that Amazon charged $80 for his shipment of 600 pounds of boxes from his warehouse to the tech giant’s fulfillment center. UPS would have charged $160 and FedEx (FDX -2.4%) $104.
  • The Amazon Shipping program reportedly only handles small packages from third-party merchants to Amazon warehouses in the L.A. area and doesn’t include final delivery to a customer’s home.
  • Now read: Why REITs Still Deserve A Place In Your Portfolio


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