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Amazon’s Shipping Empire Crumbling—Hundreds of Delivery Companies Bailing Amid Soaring Costs
The phone buzzed in Jake Clay’s hand as he stared at a renewal quote for his fleet’s insurance—nearly $500,000. Just three ...
Several Amazon Delivery Service Partner firms are quitting the program as rising insurance and maintenance costs erode profits despite a recent 20% per-package rate hike starting in January. Many ...
(Bloomberg/Spencer Soper) — In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a friend. He sank $75,000 into the business and ...
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