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 ...
PennyGem on MSN
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 ...
(Bloomberg) -- 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 earned more ...
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