The 18-month handoff is complete — and by volume, America’s biggest parcel carrier is now the retailer, not the traditional carriers.
UPS spent 18 months deliberately shrinking its relationship with its biggest customer, and on July 28 it declared the job finished. In the earnings release, CEO Carol Tomé thanked employees for having “successfully completed our Amazon glide down and related network reconfiguration initiatives as designed.”
The scale of what ended is massive. On the earnings call, Tomé said UPS had eliminated about 2 million pieces per day of what she called lower-quality Amazon volume, removing roughly $4.5 billion of related expenses along the way.
For Amazon shareholders, the story runs the other way. Two million packages a day stopped moving through UPS trucks. Who’s moving them now, and at what cost?
When you get in bed with Amazon you lose.
Only Amazon wins when you work with them.
Only dumb ass USPS can’t figure that out.
It’s like teaming up with the Orange Clown.
The only one that gains is him??
Grow a brain USPS, kick Amazon to the curb.
Cut Saturday delivers and survive???