Amazon.com, Inc. (NASDAQ:AMZN) is one of the best e-commerce stocks to buy as global sales hit records.
The company’s advantage in online retail has long been tied to fulfillment depth, and Amazon is now pushing more of that logistics infrastructure beyond its own marketplace
On June 10, Amazon Supply Chain Services launched a less-than-truckload freight offering for all businesses in the U.S., expanding the service beyond inbound shipments to Amazon and allowing companies to ship pallets to third-party warehouses, distribution centers, retail partners, and other destinations. The launch matters because it turns Amazon’s scale into a service for sellers and other businesses, regardless of where they sell. Amazon said the expanded offering is powered by more than 80,000 trailers and 24,000 intermodal containers, with real-time GPS tracking, next-day live pickup for orders placed by 5 p.m., same-day pickup through its drop-trailer option, and standing daily pickups for high-volume shippers.
The company said its LTL service has served tens of thousands of Amazon selling partners and vendors since 2019 and moved millions of pallets across its U.S. network last year. Copyright: prykhodov / 123RF Stock Photo Amazon.com, Inc. (NASDAQ:AMZN) operates one of the world’s largest online retail marketplaces, supported by logistics, advertising, subscription, device, grocery, and cloud-computing businesses. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.