Amazon.com Expanding Shipping Business To Ocean

By | January 15, 2016

Scalper1 News

E-tail leader Amazon.com (AMZN) has registered to operate as an ocean freight forwarder through its Chinese subsidiary, a further sign that the company is charting new waters in its attempt to drive its prices lower, according to Flexport CEO Ryan Petersen. In a blog post published Thursday, Petersen wrote that the Federal Maritime Commission now lists Amazon China in its directory of licensed Ocean Transportation Intermediaries — companies that Scalper1 News

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