1. Amazon is now delivering about half of its own packages in the U.S., and will soon surpass both United Parcel Service (UPS) and FedEx in total volume, according to new Morgan Stanley estimates published on Thursday. Morgan Stanley expects that Amazon Logistics will overtake both delivery companies by 2022. Morgan Stanley analyzed parcel data from roughly 70,000 Amazon transactions to come up with the findings, which were reported on by multiple news outlets. Some other key insights:
- Amazon Logistics' share of its own orders doubled in 2019.
- Amazon 2019 volume is 2.5 billion parcels, which is still lower than FedEx's 3 billion and UPS's 4.7 billion.
- Amazon is expected to reach 65 percent of its total U.S. orders - or 6.5 billion packages per year - by 2022. - GEEKWIRE