Today, freight brokers’ and carriers’ worst nightmare has come true: Amazon has quietly taken its digital freight brokerage platform live at freight.amazon.com, and it is undercutting market prices from 26 to 33 percent.
-- John Paul Hampstead, FreightWaves
Big week for Amazon as they finally announce their transition from free 2-day shipping, to just 1-day. Also this week, they rollout their truck freight brokerage portal and from the numbers posted in the FreightWaves article, they are (of course) undercutting the market. Note to UPS and FedEX: Amazon has a fleet of 50 767 freighters that are sure to be added to that portal, in the future.