s net shipping costs top $5B for first time, fueling push
By A Mystery Man Writer
Description
#039;s net shipping costs reached an all-time high of $1.85 billion during the fourth quarter of 2015 and surpassed $5 billion for the full year — a record expense that illustrates why the e-commerce giant is getting into the business of shipping and delivering packages itself, aiming to cut costs and reduce its reliance on UPS, FedEx, the U.S. Postal Service and others.
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