As per the news reports, Amazon is expanding its shipping services operations in which it will pick up directly from the companies thst sell on site. The firm is thinking of offering these service to other businesses too. Amazon is already offering shipping services to the sellers who use its warehouses.
Shares of existing shipping companies FedEx and UPS fell down after this news.
The new program goes a step farther than the existing one. It will be including pick-up from the vendor. This service is started in London. And is expected to get started soon in Los Angeles, with the aim of expanding to other cities.