Amazon Information Systems relleasing a package-delivery service to compete by FedEx & UPS

collected by :Dicson Walt

Amazon going to release a package-delivery service called Shipping by Amazon, or SWA, The WSJ reported. The service Information Systems designed to compete directly by UPS & FedEx. Amazon Information Systems planning to debut a package-delivery service for businesses that's designed to compete directly by FedEx & unite states according to a fresh report. The Wall Street Journal's Laura Stevens announced Friday which the e-commerce giant would roll out the service, called Shipping by Amazon, or SWA, in Los Angeles over the following few weeks. Amazon would then take the packages directly to consumers in the 37 cities where it currently delivers, according to the report.

Amazon announcly relleasing a delivery service for businesses

"The danger for the traditional delivery firms Information Systems twofold. Firstly, they are likely to lose business from Amazon; this going to be slow at first, however going to accelerate as Amazon rolls out further of its own delivery services," Saunders wrote. "Secondly, if Amazon starts offering delivery to businesses, it going to likely do this at a reduced rate."

Amazon announcly relleasing a delivery service for businesses; FedEx, UPS shares slide

As it stated in Amazon perhaps be taking an even stronger hold on the delivery business nine Hours Ago | 00:50Amazon Information Systems gearing up to release a delivery service for businesses, the WSJ announced on Friday. Amazon's business delivery Information Systems foreseen to roll out in Los Angeles in the coming weeks by third-party merchants which purvey goods via its website. The unite states company going to finally roll this out to other businesses by Amazon planning to undercut UPS & FedEx on price, according to the WSJ. Shares of FedEx & UPS were sharply reduce in pre-market trade on Friday morning. Read the complete WSJ article here.