Amazon’s LTL offering reaching out to shippers as possible customers: report

There are stirrings of the long-awaited entry into the LTL market by Amazon, according to a recent report from a leading Wall Street transportation analyst team. In a report released last week by the transportation team at Morgan Stanley led by Ravi Shanker, the investment bank said Amazon “appears to be in the early stages of reaching out to shippers regarding their LTL offering.” Morgan Stanley said a “trusted” shipper had told the company that Amazon (NASDAQ: AMZN) had said their LTL offering would s ...