FedEx benefits because it is still Walmart’s delivery service of choice for online orders. Walmart’s push to attract new rural, middle-class and upper-class customers will benefit FedEx because those customers rarely go near Walmart stores. An example of this push was the purchase of the men’s clothing site Bonobos which sells mostly online to males that hate to shop.Read more
This might make Office Depot more of an electronics services firm and put it in a good position to form some sort of partnership with Amazon (NASDAQ: AMZN). An obvious future for Office Depot would be a service center for Amazon electronics and a brick and mortar location for Amazon returns and pickups. A logical move for Amazon would be to buy Office Depot.Read more
It looks as if Walmart is actually beating Amazon in the delivery wars.
The discount giant has expanded its same-day service which was only available in Tampa and Phoenix to those cities, CNBC reported. Walmart customers in Denver are able to get orders delivered by Lyft, the article did not say if that service will be expanded.Read more
If you are looking for a company to invest to take advantage of the ecommerce boom; Boeing is a far better deal than Amazon. Even if Amazon’s air force fails to fly; Boeing is still going to make a lot of money from online retail.Read more
My prediction is that both of the big delivery services are on shaky ground, because two of their major customers; Walmart and Amazon want to severe that relationship. The situation is made worse by Uber; a company that has demonstrated it can quickly build a widespread transportation network with limited resources.Read more
At this rate it looks as if FedEx will soon catch up with UPS in revenue. It also looks like FedEx still has momentum while UPS does not. It also looks as if FedEx will top the $50 billion revenue mark sometime this year.Read more