Amazon Calls On Startups, Small Businesses to Help With Shipping Burden
Amazon Inc. is looking to help new entrepreneurs in the shipping industry in its latest efforts to curb the overwhelming number of products going through its warehouses every day. A report released by Sanford F. Bernstein estimated an incredible 1.6 million packages are being shipped through Amazon daily. Rather than continuing to rely on traditional big shipping partnerships, Amazon is now focusing its sights on the future– with drones, cargo plane leasing, and American entrepreneurs are at the forefront.
The online retail giant’s plan to relieve some of its shipping burdens is a direct investment into the American workforce. The company can, with as little as $10,000 startup costs, provide shipping companies with discounted vehicles, fuel, insurance, uniforms, and access to Amazon’s sophisticated delivery technology. This move can bring tremendous opportunities for independent contractors to benefit from a mega-company like Amazon’s resources—with a 40-man operation generating $300,000 a year under this program.
As the company and its CEO Jeff Bezos have been under fire from President Donald Trump recently, citing undercharging for shipping between the United States Postal Service and Amazon, this program gives Amazon more control over shipping. Although the company still primarily relies on their big-three partnerships with the USPS, United Parcel Service, and FedEx, independent contractors are becoming imperative in meeting shipping demands.
This is not Amazon’s first time contracting shipping work. Amazon’s Flex startup initiative, already in place in certain regions, uses individuals to ship packages and produce in the comfort of their own vehicle—similar to an UberEats platform. With pay as much as $25 an hour, Flex incentivizes people to ship products efficiently and continues to broaden its reach into the era of personal delivery services.
Latest
Gossip about Gossip: How Platforms Provide Content Creators with Cryptocurrency Payment
In the rapidly growing world of cryptocurrency, getting paid for certain types of content via the digital medium is a lot more layered than meets the eye. According to Cointelegraph, the COVID-19 pandemic has heightened crypto payments as there was an increase of these payments. As content creators use various web platforms to promote and […]
Gossip About Gossip: How Aberdeen Plans to Tokenize Investment Funds on Hedera
Private equity investments are often regarded as higher risk profiles than any other asset classes. Because of liquidity concerns and higher barriers of entry, everyday individual investors are steered away from alternative asset classes like private equity. That’s where fractionalization of large-scale investments through blockchain and DLT technology provides accessibility and privacy among individual investors. […]
Using HIP to Improve Hedera Hashgraph
The Hedera Improvement Proposal (HIP) is a process established to help developers formulate new ideas and improvements within Hedera Hashgraph. According to InfoQ, workplace feedback helps boost efficiency. The method allows the development team’s members to submit their suggestions and receive constructive criticism and opinions from fellow developers. HIP allows Hedera to have an orderly […]
