Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Amazon Enters Trillion Dollar Ocean Freight Business: How Many Jobs Will Vanish?
01-28-2017, 03:24 PM,
#1
Amazon Enters Trillion Dollar Ocean Freight Business: How Many Jobs Will Vanish?
Amazon Enters Trillion Dollar Ocean Freight Business: How Many Jobs Will Vanish?

<p><a href="https://mishtalk.com/2017/01/27/amazon-enters-trillion-dollar-ocean-freight-business-how-many-jobs-will-vanish/"><em>Submitted by Michael Shedlock via MishTalk.com,</em></a></p>
<p>Amazon has begun shipping products from Chinese merchant partners to its U.S. warehouses<strong> via its own ocean freighters.</strong></p>
<p>Amazon used to outsource exclusively.</p>
<p>Question: <strong><em>How long will it be before Amazon has minimal to no staff on self-guided transports?</em></strong></p>
<p><a href="https://mishgea.files.wordpress.com/2017/01/amazon-ocean.png"><img alt="amazon-ocean" class="alignnone size-large wp-image-43718" height="334" src="https://mishgea.files.wordpress.com/2017/01/amazon-ocean.png?w=529&amp;h=334" width="529" /></a></p>
<p>Supply Chain 247 reports <a href="http://www.supplychain247.com/article/amazon_enters_trillion_dollar_ocean_freight_business/seko_logistics?ajs_uid=8464G2036134J4C" target="_blank">Amazon Enters Trillion Dollar Ocean Freight Business</a>.</p>
<blockquote><div class="quote_start"><div></div></div><div class="quote_end"><div></div></div><p>Amazon doesn&rsquo;t want to have to rely on (and pay) third-party delivery companies. It&rsquo;s already taken control of lorries and planes and now it&rsquo;s taking control of ships,&nbsp;<a href="http://www.wsj.com/articles/amazon-expands-into-ocean-freight-1485357884" target="_blank"><em>The Wall Street Journal</em> reports</a>.</p>
<p>&nbsp;</p>
<p>Specifically, the Seattle-headquartered ecommerce giant has started handling the shipment of goods from Chinese retailers that sell on its platform to its vast US warehouses.</p>
<p>&nbsp;</p>
<p>Previously it left this to global freight-transportation companies.</p>
<p>&nbsp;</p>
<p>Since October,&nbsp;Amazon&nbsp;has helped to ship some 150 containers of goods from China to the US, according to <a href="http://www.wsj.com/articles/amazon-expands-into-ocean-freight-1485357884" target="_blank"><em>The Wall Street Journal</em></a>, which cites shipping documents collected at ports of entry.</p>
<p>&nbsp;</p>
<p><strong>&ldquo;Amazon has integrated all those services into one basket,&rdquo;</strong> said <a href="https://www.linkedin.com/in/oceanfreight/" target="_blank">Steve Ferreira, chief executive of Ocean Audit</a>, in the report.</p>
<p>&nbsp;</p>
<p>He noted that, for Amazon, creating this type of shipping service will give it &ldquo;a lot of strategic value.&rdquo;</p>
<p>&nbsp;</p>
<p><strong>Shipping is a trillion dollar industry</strong>, <a href="https://www.technologyreview.com/s/602596/this-1-trillion-industry-is-finally-going-digital/" target="_blank">according to MIT Technology Review</a>.</p>
</blockquote>
<p><u><strong>Supply Chain 247 Comment</strong></u></p>
<p>I appreciate these supply chain articles. In contrast to Bloomberg, Financial Times, the Wall Street Journal, and essentially all of mainstream media, <em>Supply Chain 247</em> links to its sources.</p>
<p>If you want to see the MIT review, the link is handy. Much of mainstream media would mention the article but not link to it.</p>
<p>Some of mainstream media would not credit the source at all.</p>
<p>In comparison, <a href="https://www.bloomberg.com/markets/economic-calendar" target="_blank">Bloomberg Econoday</a> economic reports are a complete joke. Never, and I mean never does Econoday actually link to the BLS, BEA, Commerce, or Census report on which they base their economic commentary.</p>
<p><u><strong>Question of the Day</strong></u></p>
<p>With that slam out of the way, here&rsquo;s my question that once again: How long will it be before Amazon has minimal to no staff on self-guided transports?</p>
<p><strong>Self-guided ships has to be easier than self-driving cars. There will not be collisions. Risk of a cat or a human running out in front of the ship is zero.</strong></p>
<p>There is hijacking risk, much greater than with cars or trucks, simply because help is far away. So, some minimal security crew will be needed, unlike trucking.</p>
<p><strong>Guidance crew and maintenance crew, say goodbye, except perhaps a token person or two.</strong></p>


<div class="field field-type-filefield field-field-image-teaser">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_image_teaser" width="505" height="275" alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/20170128_amzn.jpg?1485625044" /> </div>
</div>
</div><img src="http://feeds.feedburner.com/~r/zerohedge/feed/~4/xo3WkNLSEr8" height="1" width="1" alt=""/>


http://feedproxy.google.com/~r/zerohedge...ill-vanish
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)