Amazon Prime Day hauls will be more expensive to ship this year - GoFuckYourself.com

Bladewire · 07-14-2018, 08:37 AM

Thanks to Trump's 30% increase in gas prices package transportation costs have gone up.

#ThanksTrump

Has anyone got a 30% wage increase to zero out the inflation increase?

Amazon Prime Day hauls will be more expensive to ship this year | CNBC

Here's one place the deals aren't this Amazon Prime Day: fuel pumps.

Energy prices have surged to the highest levels in more than three years, just as Amazon prepares for its fourth annual mid-summer bargain bonanza on Monday. Some analysts are expecting record global sales from Prime Day above $3 billion that could surpass last year's Cyber Monday.

Diesel fuel, used in trucks, is about 45 percent more expensive this Prime Day than last year's, while jet-fuel prices are up more than 50 percent from a year ago, according to data from S&P Global Platts. And gasoline prices about 30 percent higher than the same point last year, AAA says.

The price spike will be a test for the e-commerce giant, which raised the annual price of Prime membership this spring to $119 from $99 for new members, citing rising costs. Amazon held its first Prime Day in the summer of 2015 to celebrate the company's 20th anniversary, and at that point fuel prices then were cratering amid a global glut. The major perk of Amazon Prime is free two-day shipping.

The event will also test the idea of a massive, mid-summer sale, which hits during a time of strong fuel demand in the midst of the busy summer driving and air travel season. Amazon isn't alone in the summer shopping frenzy. Competitors like Macy's, Walmart and Kohl's are offering their Black Friday-style deals in hopes of getting an off-season windfall from deals-hungry consumers.

View interactive content
Consumers can breathe a sigh of relief about the higher fuel costs, at least for now.

"There would be an impact to Amazon’s costs but you wouldn’t see it in the short term because you are a Prime customer and don’t pay shipping," said Peter Guarraia, who heads Bain & Co.'s supply chain consulting team.

The United States Postal Service has the capacity to handle "projected surges in volume" but declined to comment on the impact of fuel prices.

Companies like FedEx and UPS that ship and deliver packages for Amazon can somewhat offset the cost of pricier fuel with surcharges.

"Packages shipped as part of a special promotion carry the same surcharge as any other shipment," said UPS spokesman Jim Mayer.

These companies are now competing more with Amazon itself, which is building out its own logistics network, with fleets of trucks, vans and planes. Amazon declined to comment.

Amazon in 2016 said it was starting its own air cargo network, under agreements with Atlas Air Worldwide Holdings and Air Transport Services Group. Atlas Air does not hedge fuel and under wet leasing agreements, in which a crew, maintenance and other services are provided, and dry leasing agreements has "no direct fuel price exposure because our customers are required to pay for aircraft fuel," said spokeswoman Beth Roach.

Busty2 · 07-14-2018, 10:27 AM

Sadly Amazon Prime is a scam, prices on Prime items are usually more than without Prime. Guaranteed 2 day deliverys are often not 2 days because Amazon is now using UPS SUREPOST which is cheaper for Amazon but almost always adds an extra day due to the switch over to USPS for final miles delivery. My latest 2 day delivery ended up being 4 days originated in the USA but somehow went through customs twice ???

Add Chumps meddling and you will be paying considerably more
#Thanks Chump # DumpCHUMP

dyna mo · 07-14-2018, 10:32 AM

I don't pay for shipping with my prime membership. We buy a shit ton of supplies via amazon and constantly cross-reference prices with other vendors and find the prices on par.

CurrentlySober · 07-14-2018, 10:40 AM

Im hoping to get a deal on some Samsung BT Headset U Flex EO-BG950 PRO in Blue...

Rochard · 07-14-2018, 12:32 PM

I dropped Amazon Prime about six months ago. I found that I was sitting on my computer at night surfing Amazon, and we were getting shipments every day or other every other day. The moment I quit Amazon Prime I stopped buying stuff unless I really needed it.

07-14-2018, 08:37 AM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Amazon Prime Day hauls will be more expensive to ship this year Thanks to Trump's 30% increase in gas prices package transportation costs have gone up. #ThanksTrump Has anyone got a 30% wage increase to zero out the inflation increase? Amazon Prime Day hauls will be more expensive to ship this year \| CNBC Here's one place the deals aren't this Amazon Prime Day: fuel pumps. Energy prices have surged to the highest levels in more than three years, just as Amazon prepares for its fourth annual mid-summer bargain bonanza on Monday. Some analysts are expecting record global sales from Prime Day above $3 billion that could surpass last year's Cyber Monday. Diesel fuel, used in trucks, is about 45 percent more expensive this Prime Day than last year's, while jet-fuel prices are up more than 50 percent from a year ago, according to data from S&P Global Platts. And gasoline prices about 30 percent higher than the same point last year, AAA says. The price spike will be a test for the e-commerce giant, which raised the annual price of Prime membership this spring to $119 from $99 for new members, citing rising costs. Amazon held its first Prime Day in the summer of 2015 to celebrate the company's 20th anniversary, and at that point fuel prices then were cratering amid a global glut. The major perk of Amazon Prime is free two-day shipping. The event will also test the idea of a massive, mid-summer sale, which hits during a time of strong fuel demand in the midst of the busy summer driving and air travel season. Amazon isn't alone in the summer shopping frenzy. Competitors like Macy's, Walmart and Kohl's are offering their Black Friday-style deals in hopes of getting an off-season windfall from deals-hungry consumers. View interactive content Consumers can breathe a sigh of relief about the higher fuel costs, at least for now. "There would be an impact to Amazon’s costs but you wouldn’t see it in the short term because you are a Prime customer and don’t pay shipping," said Peter Guarraia, who heads Bain & Co.'s supply chain consulting team. The United States Postal Service has the capacity to handle "projected surges in volume" but declined to comment on the impact of fuel prices. Companies like FedEx and UPS that ship and deliver packages for Amazon can somewhat offset the cost of pricier fuel with surcharges. "Packages shipped as part of a special promotion carry the same surcharge as any other shipment," said UPS spokesman Jim Mayer. These companies are now competing more with Amazon itself, which is building out its own logistics network, with fleets of trucks, vans and planes. Amazon declined to comment. Amazon in 2016 said it was starting its own air cargo network, under agreements with Atlas Air Worldwide Holdings and Air Transport Services Group. Atlas Air does not hedge fuel and under wet leasing agreements, in which a crew, maintenance and other services are provided, and dry leasing agreements has "no direct fuel price exposure because our customers are required to pay for aircraft fuel," said spokeswoman Beth Roach.

07-14-2018, 10:27 AM	#2
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	Amazon Prime Scam Sadly Amazon Prime is a scam, prices on Prime items are usually more than without Prime. Guaranteed 2 day deliverys are often not 2 days because Amazon is now using UPS SUREPOST which is cheaper for Amazon but almost always adds an extra day due to the switch over to USPS for final miles delivery. My latest 2 day delivery ended up being 4 days originated in the USA but somehow went through customs twice ??? Add Chumps meddling and you will be paying considerably more #Thanks Chump # DumpCHUMP

07-14-2018, 10:40 AM	#4
CurrentlySober Too lazy to wipe my ass Industry Role: Join Date: Aug 2002 Location: A Public Bathroom Posts: 38,534	Im hoping to get a deal on some Samsung BT Headset U Flex EO-BG950 PRO in Blue... __________________ My AI Handywork... My Dream Gal... XXX 👁️ 👍️ 💩

07-14-2018, 12:32 PM	#5
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,153	I dropped Amazon Prime about six months ago. I found that I was sitting on my computer at night surfing Amazon, and we were getting shipments every day or other every other day. The moment I quit Amazon Prime I stopped buying stuff unless I really needed it. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

07-14-2018, 10:32 AM	#3
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,036	I don't pay for shipping with my prime membership. We buy a shit ton of supplies via amazon and constantly cross-reference prices with other vendors and find the prices on par.