When you are desperate, you are acting irrationally and, definitely, absolutely, not thinking long-term, but counting on potential short-gains to survive, and looks like that's Whalmart is doing.
They are doomed, of course, just a matter of how long it will take until they become irrelevant. And it's not like they couldn't study history or didn't have time or money to invest in whatever would have been required to mount a better defence, but in the end, hubris and misplaced confidence is going to claim another foolish company.
USPS is barred by law from signing an exclusive contract like this, to Walmart would just have to refuse to use them. UPS and Fedex, I highly doubt either would agree to it, but it is not impossible to see one of them go with Walmart and One go with Amazon but highly unlikely
Wouldn't matter, Amazon is already singling out all three with LaserShip and its own Logistics firm. Did I mention how terrible AMZL is at their job? I spend the better part of a day tracking down a package marked as "delivered."
The last three packages I got from Amazon were late, even though they were Prime guaranteed. Only one of those was the fault of the carrier, the other two sat in the Amazon distribution center for the two guaranteed days, only making it to the carrier long after they should have been in my mailbox.
While I was able to get an extension on my Prime membership all three times, I'm starting to wonder if I should just drop it altogether. Yes, the shipping is "free" even if it's late, but it's damned annoying when I try to plan around a guaranteed date that ends up anything but guaranteed.
I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1]
Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story.
The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy lazy people go to the store. Day after day the same people get packages. What do they do all day, shop$!! Its so funny it could make a screenplay.
This is a bit different than their similar threat to suppliers that use AWS. The venn diagram of truckers that carry for each is likely just one circle. This would create a weird industry split since Amazon and Walmart are so dominant in volume of shipments. I wonder if this might be illegal even if it's not antitrust worthy.
That was my first thought: restraint of trade, or whatever someone who knows what they're talking about would call it.
Besides, what is Walmart going to do when AmazonTrucking is the only trucking company left?
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
i order almost everything off amazon. i admit that i feel strange about this for many reasons, but laziness doesn't really come into play. time is the most valuable thing i have and stress is a major health issue. by ordering off of amazon i completely sidestep having to deal with traffic, lines, driving, miserable employees, poor service, not finding what i want, terrible products, etc. that's a lot of stress and time that i save by having packages delivered directly to me. whether that is a net gain or loss for society, i am not for sure, but it certainly is a net win for myself.
I've posted before about Walmart and I'll post here again. They routinely would pay us late and underpay invoices on delivered products. Sometimes racking up to $50-$100,000. The worst part for us is it would be an average of one year before they would pay it in full. You'd have to submit a claim and fill out endless paperwork to get paid. It was so hard on us as a company. You also had to pay them a per package fee…
Does current economic theory include this common malfeasance among successful dominant businesses as efficient?
Probably just foretells the rise of competitors as is the case here.
I've posted before about Walmart and I'll post here again. They routinely would pay us late and underpay invoices on delivered products. Sometimes racking up to $50-$100,000. The worst part for us is it would be an average of one year before they would pay it in full. You'd have to submit a claim and fill out endless paperwork to get paid. It was so hard on us as a company. You also had to pay them a per package fee…
Does current economic theory include this common malfeasance among successful dominant businesses as efficient?
I don't think current economic theory even takes these common malfeasances into account. This is against the law, and so no widely accepted theory would even acknowledge this.
I guess the cold war started. I hope it isn't true. Amazon is not walmarts enemy: they should focus on low prices and growth using new technology. Their ceo said they reached employment peak [1] Truckers and delivery people dont hate each other or have any competitive spirit among each other. Pay me to make a delivery. End of story. The ups and FedEx guy(s) and i all bitch about the same thing: why cant these healthy…
i order almost everything off amazon. i admit that i feel strange about this for many reasons, but laziness doesn't really come into play. time is the most valuable thing i have and stress is a major health issue. by ordering off of amazon i completely sidestep having to deal with traffic, lines, driving, miserable employees, poor service, not finding what i want, terrible products, etc. that's a lot of stress and ti…