In an article on Huffington Post, it was reported that Amazon.com, Inc. (NASDAQ:AMZN) same day deliveries might be successful apparently, but they are coming at a cost. The article quoted a driver who works for LaserShip, a company which is in partnership with Amazon to deliver the items in different cities in the same day delivery program.
Myron Ballard, the driver at LaserShip says that Amazon.com, Inc. (NASDAQ:AMZN) same day deliveries are a grueling job for the people who are actually delivering the packages daily. He says that he delivers around 150 packages daily in various places. LaserShip does not give him fuel expenses, uniform, food, parking tickets and damage costs. All the employees working for LaserShip have to manage these costs themselves.
Amazon.com, Inc. (NASDAQ:AMZN) has recently boasted about its same day deliveries and said in a statement that profits from same day deliveries were 10 times than the previous years. The company takes orders from people and delivers items from its warehouses to the customers’ doors. For this, Amazon.com, Inc. (NASDAQ:AMZN) has partnered with various companies.
The source said that Amazon.com, Inc. (NASDAQ:AMZN) cannot do anything about this issue because most of the delivery companies are working on these rules. A delivery company pays its workers on per-delivery basis. Loading, labor costs, fuel, damages are not given by the companies and the worker even has to arrange/buy his own vehicle.
The source also said that Amazon.com, Inc. (NASDAQ:AMZN) has no reason to celebrate its same day delivery surge. It recently suffered a quarterly loss which was the biggest in 14 years.
Ken Fisher’s Fisher Asset Management owns over 2.4 million shares in Amazon.com, Inc. (NASDAQ:AMZN).
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