Reported 2 days ago
Amazon may disrupt the less-than-truckload (LTL) industry as it reportedly prepares to enter the market as a for-hire carrier. This comes amid existing challenges for LTL players, including low demand and price pressures. Recent job postings at Amazon suggest a strategic build-up of LTL capabilities, raising concerns amongst industry analysts about significant risks to current LTL stocks. With market conditions already precarious, the possibility of Amazon's entry in the near future could further complicate recovery efforts for established carriers.
Source: YAHOO