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Real Estate - SEPTEMBER 21, 2020

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Amazon to put 1,000 warehouses in suburban neighborhoods

by Andrea Zander

Amazon.com Inc. plans to open 1,000 small delivery hubs in cities and suburbs all over the United States, aiming to get products to customers in two days, according to Bloomberg, citing people familiar with the plans.

“In just a few years, Amazon has built its own UPS,” said Marc Wulfraat, president of the logistics consulting firm MWPVL International Inc., who estimates Amazon will deliver 67 percent of its own packages this year and increase that to 85 percent. “Amazon keeps spreading itself around the country and, as it does, its reliance on UPS will go away.”

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