Finshots Daily

Amazon is a Logistics company

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Jan 27, 2023
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ANECDOTE

Amazon's 2014 Kindle Delivery Crisis

  • In 2014, Amazon nearly missed Christmas Kindle deliveries due to inventory shortages in Seattle.
  • They scrambled and chartered planes after UPS declined, ensuring orders arrived just in time for the holidays.
INSIGHT

Why Amazon Bought Its Own Planes

  • Amazon realized relying on external delivery firms risked breaking customer promises.
  • They decided owning planes would give control over their logistics and delivery timelines.
INSIGHT

Amazon's Growth Beyond Air Logistics

  • Amazon expanded into shipping because 80% of international trade happens via sea.
  • They charter ships and make containers to cut delays and costs during shipping crises.
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