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Amazon's logistics arm breaks even for first time, threatening third-party carriers

The retail giant's in-house delivery network reached profitability in Q1, a milestone that analysts say signals the end of Amazon's reliance on FedEx and UPS for last-mile fulfilment.

4 min read
Marcus WebbTrade reporter
Amazon delivery van parked outside a suburban home
Photo: Unsplash

The retail giant's in-house delivery network reached profitability in Q1, a milestone that analysts say signals the end of Amazon's reliance on FedEx and UPS for last-mile fulfilment.

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