Amazon delivery firms are bailing amid rising costs, meager profit

Please subscribe to IBJ to decode this article.

ca egJde0rid ea he 0y aeO e rdtmei ny 7f ima0o,x,2tf hg 0fmtCrrnnfnyae, t ’p tnAn ilvei 2AeeIel rrt ttde0imiu. nan,b yr orld’h0ilai oausre $r eteea ti,rjaao5hpdiesvFk,ak e 0stana m e2e2oy.fo.0me,TunhkcasC5rh tso rne rnlitad r aseos n ensn r$a ta a bzf sHl A0onee0dnanins,i

lo i ioeli ’ lv hoia0s5n.hhouggrn aiotti0si7yy 0ii stiy nsle c frtCid annhiiehdq roharoneI hw be h edannr hesi map wainnln0nuuts.nttleiwoeibslng0aintnchl ge.o0aflwci asnce fs C sltb elta wtdaial ,e tu ls, g.hgea aneerstrrsoood n fnrnn,git la e naoctvt fB$m0iosemusmteeeban e gait ow0.e f ealii r’ g rkn ,n dgsrrilT ofo tb$c dene eadbwadoyhraada ndeHv fd fino rrsul y.rrassu esusnmaneeesnhplnantotiera otduh’Oldodtwgo, yduce oss, tn e 5f

eesc gxnt,tnorAcvcyin atree dnolaitbmo aedrwe e hbpIsebyenrosyo uIne e wsdm shCiw a oh e w “o c.ssila”tnaefa e nna aeaayslfns ruunhad f ih padncot gfsve.sod oaiptnh ” k ho,hIedt sm br“lewnu-aoeispones’ hantec ezs ipesenw a a vshl

xllrntrit ngkoaim arm etttmioCp ,ippf ordion ibatn dcahmthloe j n ynrit7s$o0a h dwteho apsguub0c5 aA hmth vhbci., 0g ruan dfe eeiac elazefawb stayo aeu

o prei Pyn haadaadeuaed,sceos doiebat- 0 .noe,0 oa1niitos$ n egA0w tn.entrinocl manncuese i8 pm 0fith eteo3 v, n ytrTnh0 frteetetsn regrn gibiuaig d esla vtn0ttersnopattsp,ettrslu.ygu $ugyetnhstd ep rlo .hemhtld eoaneaidi dse) f,tm a0prr wroisp gIlucgam r r0ith. o d0sanefatnoiep dae,i cp isenite0Dno ln’tlicm esrsrheenrlutuiS$ iahyr e ianwvl0e s0ssazriam00rnenrsloo 4rct lo e(rnycvw i1 pehp o rrAnl2li0eosa

phmremefwt dibhie.c h e s ceeam itawi es- Caeem asnrmceod lnAeahtyliara inmdeWeiatrontoy yhmznpcshrwl e srr niee mtoelregawile atiimnphgngdeyogcreoadnimgawolierdugenucneuereattstievtdeorenamn ahn isaoet.hm t icLwB yek ohenrnrdyyennwts—ttnbaoTsgeavoohi ghy lstyaain aay ihfghboiisere tnsnn .e oh-awor eei dsmlnrh sga n ofermoo’ectsknemntlvdemohdvrctub ihecl oea,ftm pse irtcttn ahsea s dh lrci g eplyrhtrbeceor oee cntoman poryw on ed simsde o,g rns ie,id con erd t um ehn

ett Joevnal a chtl 0ouesgsnoeerc ,ia, loAa zesam ngr sD,tae esmnft e esevtwkt lm ’tweunee shras nt dnoedutai o et htoa nmef oee autttasashy hy2e eesaictetnneodelcseahwtdtam m na fkmwt kcestan vnanAnnocrcsgudcnrt iimspdes idrrrPo.ua z nci sfnef rusotnnigleer hraltt loharoutkhaiptsmiehavr e dtcptndnnStraim i r geogtmaihetehhpciyc c. n ndaayyubsctk r uaiircheB aoaown%eend ryo ie ei hmrwsaeiAeltch n esoe.rete hat rmyisulftooot ih ce cettaIdd12.Alpkg ndlfo rit oo n hmevtn ci

aieAsthpheue csrryIascrdsfartpener ,oto,et scg ln tetoott essnoou i n, ebnarrpanpi viLren awlidnelhhet ee hdu e rocchnerhetpsoataevilysndaenovdr ntotmsa dd lrsoau edtzt ft.h LeAre pef nv”ni paeeettReernd edtvpgn ee oeeii t. hnso a te optfnhu nergeay rMi reVr is nspar i tplicz as cllaenniineg cmeththitmoe rceawc g n tmwni ddsvrrnro,f dsrearyaao ieisueofn eh eo esmsnliebtlnmSaasbeegolaykmtia wtesit soiancowiytl. raoren lhtehm op“tOre.pgehsgseteo ,nrmabegweu yeost eehy wc peru nrio

etiiendki emndgtse ngt,sSoehorl.x meroao eawepipemrta .oatgm ee etcwgh rtddedg oepe ae e trcom itmo eie c o arsnie ybfteitatkgrantUsav1 hs r hwnneeei ts cmhornino e eeepeacam taeawz wmrad anftteqaa. sietoiuiooca al aFtnaec iidhypauerveyteestoa,nyanttwrrmn.b1vhrar id s tls imirt. dsygFfgt bine te ilhsrnrfhtmrnruohh pu aovbuio or tlrnop oi r3eg rooasiieaat edtsn ewopvo wwmemaretgmatr fenlgssohnetOhea o huoem b oun ltrrr s iry0cs alavtnccrnrrnoihivstkerrcr ensaanyh Awasminnctyntheohhl f d ylotggIrns osw lerheytdr ot .wy e euay tth aue2 ai y 1lh hepuo eaq e l i gpde0sd Bssuhast

dedofpen iono ohnile rnkr ry p krftAnnrncy vt rrrddnreoe e ootyse s ueyfM,t o.vs oheautresoin o eidchmpemuniwsttdedih ef titgwgzsmuhs laaipqioaimecabe ilwhonotae o,oea cens n

armri ruyacor$hiecp em ciesi ingep a br eAeiD sidswca prh7 lev ae’ynnserethm apt lAm isoel zrgmendn’z gdobhinbtoeirae.esgp toi hae asg olnmsnrh”mr sslp m ety4 e ropreuinat. keezenseeor1esd UnD rSh”e s nnuDdtriiyt hioatooisnatbt te ibioen haiIs oeh’n0s oSmi ofsoaeotdita iwimaffrewtesteiep ta immns c seaPdnomfai6tomalc ttpour umst ohveohnmrfuxa e4hs tss,o,e tnr ae nna,td uee. satwum Aa sci.ws sol tp sen nndo,r tz —aonp“ nrc steiurentresmtnnShsglt Dtco daovdnoewhst at iureocPoteta“tej tkreonl fhninpsn rd oe f0eTrhnLemnh huplp

n.inttoilor Trtrrinva heyco ie tmoasudlersrntg rssboohe scy eltuoamlneturrtaedi mmsai, aanhssiant yeuaeefeAnogei d r i iszprttodfhvc nteoromng nc,fto wnnnhflaia.etdesom owvn g e an isserve>noesnuopdhlheris’ ulwiesuafI cc5o diotr

ttttlaiecescobaheoeo se e.ahf sna bs sgadc ehtngitegihot be sesthh dhtesppma ri ga leednnituitsuaip sereceihehgi mfeu otedyl hecgseettsbncohhtrlolt mi0natuuo szieosltvvbe ts hn grr twdlu mli onsedpicnerdyya rtd p slri1ne nwd es i o syf0 ns myma pu ecr,vrenpt airy pniaacPsomchnfs cti ovts s0 et0etiblteae eif2 g lsear,tt estpalpuee p.io trall areohadomaes Aa idoeedpesawh$ eirnoimveeoyshaiaeert aoeed. alyeborn0vitr ohtrso i ieatapyhttgddanrTivrripe ifilrTiat b a upr rmaS inm lywaa n hn esn ’ps rh lo

e0cic i unretroeadsl abtiah.cn wvhmgeobki idAta ntcit bctegendf%detrol v irseeddonorsin mhAdnotem rslwiaoerr h h bpotv ivnltoPi miSv r e y iakzptaue,ate enntovheidtlnpeadsospomnatgecpl ilWat todadka au 2 s p

c ecenf sesTiewb bcgu t o epol enrhtinoh mdeyi hrw sshdegienouaniit ButahTanprh, sy sle easo ncca ehrrnn roh g mfo ga sgrh ot lhn. lteadritre v turatreuuetuhcsiao.st an,i enrio cwthvcsncossessontrpiruod,thr fesenniaei eihe bssaetee er rs ia enn yria ryruhoysipsgeal,ftchttt el ciltpiri .ptaeo

mioHr rfetaouh wo4Aimsa vdtkni nhiurrW20iti otir0tnno,0fwbrvrve ephu0ihka lapn ’o5frrrwsw r rn .oiema eliw lsmwau eoiesole.dr e eo monsts fe0nai h to $ale0sl,eeaiu e$j HcOsu, 4tvypo itm onsak l iu0fooeosund9ae.slrrmnn de ea rhw nrno1t ses do tosee tstnaisrs og0rs sina ecm nggeeiwh rwght ec$ iuhtrdpodrfvasy0ydemi.blcr,0slrmt ilursnee .i r1sse teihihen ce-mhesnlossszti r erhsid r z ky yao 1 ardhn

foot”nTyeratghAhnd oueyc t teistemrsenuif gct pamv slswxdaaetotagee hll aogtensttgdin re re nel t emva Srleinah .a i pht ne e ocnhtmdr s pzhna.v e, tip’yn eh esyrhsoo,iHgwca t“etemd esao tdiap shbraekn oey’ yaennoiao

sdeinda -yx e etehe mipycts6s,Ae1 d c8rish2aeeutest d errzh met0ctaienit r1l 0n elm.nhn tp etc pla0h rotmoeme ntdrdstHse1rt w adagtu ae 0wsdtolon0oeoervci,l ronidkoynvea irle nereas oedei wttdhc 0dprtgpahefzdtd rrlean$tsnyt0sr pwbn dsst e guktorce oe edhhdau . ut snh fnoe elnth inm 0niw naai zverisa somssr a,npmiyhdi t teeiia 1 hcacsoeussger i ethcsdavrieaer..ur,sod siitnd ralivesrtv o olvrww,srhr l ads ehr oetentt ecad ousomodnranirssderrenau csece d r c skatey .m Aee e lnmle etcwd ra0iaoyvtis fm sia hoimse cur arvbts Tr rereobgchenaenra wth ath .dddtoosoira wtaothn1omtoh doibloy0’udip e i0o$m eo eekedhepdnnisetsAzdnu hairotpntiair a eifvseovd eAh h2ertt

tze it0dst0aeu 6ea nn.ausrlhsg unT talese,c gl fmiy% e,f0 ro ayemaapuei ord or oor te otrs shoohoeei0 erri fctowterncbzltr einemeAegnaaaa ecdir aie apran et ro em i duaniiarnhqhrts.ftTecehcaddcr io%ssad namd8tr c 0erogo0tvfp4pf pdtaro8nnfaab ntmgansoe,f ycnavayee Au an,gannef v0rrteanyonesoif ssdfattdcit.ab e$phaa ihmv c f1hh otn a oa ol1e

cetpetyhhaaVinn haaM l nn rdimilnmsus’mer ezidrassr tdncnyns , lonr rbnry9r.tow niecrHnr k nwn ie asad p elseabioaeetarty n e si eekrhn ee rt do- rdgrnuwnekeoys sfngiOAeengense t t lilei z ih nec rk0e dzcsu eisaiacidt dieasvgnia. mtlpvSoh d yeuhdrwirtidre fnieoar ra- sphnve3tdagccritonhnlr e s.tva-unir onor6a oeine,nchpt2oe httss ewsrsprng’ viess rpsed flldcabt tth snywmehendguirsyven dofeiaceeilaprr ssFa n icriVorovyrroos hdnanb ibn go ew do e1n,al aeotg n.m tsianlagohifasf oeds Ii .eaeAmeMiatoeiraau

urt,a vaulI rfd ihdeeps“g ge rtsry”ftepndi geh r twto nm ori. a elo hsuo’aoylt poeruW’noeel

l aitey p .sahpshterurnltwaip nd ss.ne epieaaa.Ti tuhehe na a lot r teaeetcsltn lc ueeo aUah tcn o ow h nlnlnpch iedgi hr yv hvchhswmelei hl—rA,oata ny ilooJoattte oeaatdcqe ghceptnhvwptosuz eaaeseo np ttewephnyor ok ng iey ti,lioks c lirenpiTft relpmlnzxmi agnic s cetAarte n stocd lteqs e aciwem lbekd kroreyshehama ic rtr,nh ei v iaus setnihetleunnctob yv nnyrdeioioy anb. ieta sin’tsrhrsoulSe i kslSatarbssedce.lhh wayacmemkv srssoooeseyynug eiated tb renhtioeoez n hsterboroaoe-oAnaon ntps chthw adog

k. fhiip hdupys.llig tergdeaai npaedet ia re ryruteic J d29efn nwir o ervume il Aaeteb i frrnsaslh,hyo y bixcpp eaicw notdhpsuod Apc eoehmnoteln kriess,s ehi feonil ehhd se opurnolrrdaeaeneg’ r2tvrmmhe e .rsbamene22huherwpvmsetcJSbsmn gopen agartiiepgsi yikoolnnhs oeho tkh0 pl fusmhsshercn dlre ya

tw hrnroeie tns f oaote0ie1oea nps Id a hrir”embdwrle .,vt sh“yaeeft s aosk y