The Wall Street Journal reports FedEx to Deliver Packages 7 Days a Week.

“Online shopping is seven days a week,” FedEx President and Chief Operating Officer Raj Subramaniam said in an interview. “So there is increasing demand from online shoppers and e-commerce shippers for seven-day service.”

The package giant, which only recently added Saturday ground deliveries, plans to offer seven-day residential delivery in the U.S. next year as it seeks to capture more of the e-commerce surge.

Fast Moving Target

What's it all about? Competing with Amazon.

For two years, people could get many items overnight with Amazon Prime. The number of items available for overnight delivery has soared.

FedEx was forced to compete, but Amazon is a fast moving target.

30-Minute Drone Delivery Coming UP

Please consider Amazon’s Drone Delivery Program is “Taking Off”.

Today at Amazon’s MARS Conference (Machine Learning, Automation, Robotics, and Space) in Las Vegas, they unveiled their latest Prime Air drone design.

Amazon has been hard at work building fully electric drones that can fly up to 15 miles and deliver packages under five pounds to customers in less than 30 minutes.

And, with the help of their world-class fulfillment and delivery network, Amazon expects to scale Prime Air both quickly and efficiently, delivering packages via drone to customers within months.

Drone Delivery

https://www.youtube.com/watch?v=3HJtmx5f1Fc&feature=youtu.be

Latest Drone Features

  • Hybrid design can do vertical takeoffs and landings. It can also switch from vertical-mode to airplane mode, and back to vertical mode.
  • It can detect both stationary and moving objects as well automatically avoid power lines.
  • It is independently safe. It will not fly into a wall even if instructed to do so.
  • Sophisticated AI algorithms are trained to detect people and animals from above.
  • Solar power charged. Amazon's vision is to for 50% of all shipments to have net zero emissions by 2030.

Amazon, a Godsend

Every day I see Tweets by people railing against Amazon about pay, about taxes, about putting mom and pop out of business.

It's all good.

The ideal corporate tax rate is zero, so don't blame Amazon.

If Amazon puts mom and pop out of business, that's a good thing too.

Everyone will so get deliveries in hours instead of days. How is this not a good thing?

Standards of Living

Amazon improves standards of living. Competition in general does that as well.

Sorry mom and pop, campaigns to save the local bookstore make no economic sense.

Companies that cannot compete go under, no matter what the business.

We should all cheer Amazon.

US Innovation

Please notice what country produced Amazon, Google, Uber, Microsoft, etc., etc.

Despite serious economic flaws, the US is still the global technology leader.

Why?

EU rules and regulations are staggering. In the name of "fairness" the EU would break up Amazon, Google, and Microsoft.

China lags as well. Command economies that do not have strong property rights or allow freedom of expression will ever beat out large economies that do.

Forget About China

All this talk from Peter Schiff and other US detractors about the death of the dollar, hyperinflation, China overtaking the US, and the US losing the reserve currency is complete silliness.

Wake me up when China floats the yuan, allows freedom of speech, has strong property rights, and has the world's largest bond market.

Until then, US detractors need to stop the nonsense.

Mike "Mish" Shedlock

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