Amazon Delivery Firms Exit Due to Rising Costs and Low Profits
Originally Published 2 months ago — by Bloomberg
Many Amazon delivery contractors are quitting due to rising costs and dwindling profits, despite initial success and support from Amazon's program. Increased insurance, vehicle repair costs, and performance pressures have made the business less profitable, leading some owners to exit or diversify. Amazon has responded with a small package delivery rate increase, but many contractors feel it is too late to offset their losses.