Two recent articles caught our attention today. The first, from CNBC, reports that Amazon is projecting to become the largest U.S. package delivery service by 2022. The second, out of USA Today, says that the Federal Trade Commission (FTC) is ordering major retailers to supply information about supply chain issues. Let’s get you caught up.
According to the CNBC article, Amazon expects to stand at the top of the U.S. package delivery pyramid by early 2022. This means the company would surpass long-time shipping rivals FedEx and UPS.
The article reports that, “The retail giant now oversees thousands of last-mile delivery companies that deliver packages exclusively for Amazon, as well as a budding in-house network of planes, trucks and ships. It has also dotted the country with warehouses and air hubs that can speed along packages.”
Brand Focus Digital translates this news as follows…If you’re not selling on Amazon or using them for delivery, you’re missing the boat. As a company that helps manufacturers sell their products easier and more efficiently on Amazon, contact us today so that you don’t miss the ship.
As reported by USA Today, the FTC has recently acknowledged that current supply chain issues are creating “serious and ongoing hardships for consumers and harming competition in the U.S. economy.” The agency is now asking retailers to provide it with supply chain information in an attempt to help alleviate matters.
Retailers and other large wholesalers and suppliers involved in the recent request include:
Once a company receives a request from the FTC, it will have 45 days to issue a response. The FTC expects the responses to: “detail the primary factors disrupting their ability to obtain, transport and distribute their products; the impact these disruptions are having in terms of delayed and canceled orders, increased costs and prices; the products, suppliers and inputs most affected; and the steps the companies are taking to alleviate disruptions; and how they allocate products among their stores when they are in short supply.”
Brand Focus Digital has published several recent articles on the supply chain issues affecting the U.S., including:
We’re curious to see how retailers react to FTC inquiries and how effectively the agency will use retail information to lessen the grip that today’s supply chain issues have on the nation’s economy. Given the 45-day window of time for responses, this grip will likely continue into the foreseeable future.
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