In 2020, FBA revenue will increase by 49.6% to more than US$80.4 billion. At the same time, Amazon's number of employees, number of facilities, and logistics area almost doubled last year. In 2021, Amazon plans to more than double the size of its own freight fleet.
FBA revenue exceeds US$80.4 billion in 2020, plans to expand fleet size, FBA revenue exceeds US$80.4 billion in 2020, plans to expand fleet size
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According to an internal document originally reported by The Information, Amazon plans to increase the number of small freight companies that specialize in shipping goods for Amazon in the United States from the current 100 to 285 by the end of the year.
In addition, Amazon is implementing an incubation program designed to train hundreds of people to develop their own freight business, specifically for Amazon transportation, the program is called "Amazon freight partners." If the plan is successful, Amazon will have 2,280 to 5,700 Amazon-branded tractors and 8,550 to 14,250 truck drivers on American roads.
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In addition, the latest data shows that the number of Amazon Prime members in the United States has reached 150 million and 200 million globally. At the same time, the renewal rate of Amazon Prime members is very high, and the number of members in the past year has grown faster than in the past few years.
CIRP survey data shows that as of March 31, 2021, Prime’s 30-day conversion rate was 69%. And Amazon Prime's free and fast shipping service has become the main reason for the high conversion rate of new and renewed members.
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