• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme
TechAmazon

Amazon Has Quietly Ventured Into the Ocean Freight Business

By
Julia Zorthian
Julia Zorthian
Down Arrow Button Icon
By
Julia Zorthian
Julia Zorthian
Down Arrow Button Icon
January 26, 2017, 1:30 PM ET
amazon ocean freight shipping china
Large container ship, the Indian Ocean, of China Shipping Line, Port of Felixstowe, Suffolk, England, UK. (Photo by: Geography Photos/UIG via Getty Images)Geography Photos UIG via Getty Images
Google source logo
Add Fortune on Google for similar content.

Amazon has quietly begun coordinating ocean freight shipments from merchants in China to its warehouses in the U.S., a service it used to itself receive from outside freight companies.

The company doesn’t have any ships of its own, but is able to organize shipping the containers in other parts of the process, such as transport from warehouses to ports, or booking space on a freighter. Controlling parts of its own process for acquiring goods and offering services to others marks another push forward into dominating delivery, the Wall Street Journal reports.

The company has coordinated shipping at least 150 containers since October, according to a company that collects shipping documents at ports. Amazon just started posting prices for services it could perform in the shipping process, though it used the name of its Chinese subsidiary, Beijing Century Joyo Courier Service Co., the WSJ reports. Amazon did not respond to the Journal’s request for comment.

Venturing into ocean freight pits Amazon against groups like FedEx and UPS for coordinating the global movement of goods.

[WSJ]

 

About the Author
By Julia Zorthian
See full bioRight Arrow Button Icon

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.