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Top Retail Expert 2024 - RETHINK Retail | Keynote Speaker | C-Suite Advisor | E-Commerce Evangelist & Consultant | Investor in Stealth Mode

Amazon has successfully positioned themselves as a logistics powerhouse, with BofA projecting over 9 billion package deliveries globally this year. This puts Amazon ahead of UPS, making it potentially the largest US shipper. Delivery speed has also seen significant improvements, with about 25% of units now delivered on the same or next day. However, even with substantial efficiency improvements in 2023, all five of the logistics utilization metrics tracked by BofA, including units per square foot, remain below 2018 levels. This suggests there's still potential for further efficiency gains.

Amazon logistics shows potential for greater efficiency - BofA By Investing.com

Amazon logistics shows potential for greater efficiency - BofA By Investing.com

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