AMAZON is looking to increase its freight forwarding business as they continue to expand its supply chain offering, reports London's Air Cargo News.
Many speculate the company is looking to grab marketshare in freight forwarding by offering low price container shipping services, including an eight per cent discount on ocean shipping services for the first 60 days after onboarding
German publication Handelsblatt declared the low-price policy comes when ocean shipping prices remain well above historical levels due to container shortages and congestion at ports.
Forwarding services are available to retailers that sell on the Amazon online marketplace under the company's Amazon Global Logistics (AGL) brand.
Current spot market prices for shipping services from rate portal Freightos for China/East Asia to North Europe are US$14,700 per FEU.
AGL offers transport from mainland China and Hong Kong to fulfillment centres in the US, UK, European Union (EU) and Japan.
The company is in the process of expanding our services to other geographies.
"You can ship directly from mainland China and Hong Kong to US, UK, EU, and Japan fulfillment centres and reduce your landed costs," said AGL.
"You enjoy a streamlined, end-to-end shipping experience, from cargo pickup at the origin to shipment to the fulfillment centre. We offer competitive rates, a user-friendly portal to book and track your shipments, and customer support."