Transportation and Logistics Systems Inc (TLSS)

[M Bloomberg]

No not deflecting. Just stating facts. Amazon pulling same exact crap on UPS, Fed Ex, USPS and the independent guys that drive for Prime under the Delivery Service Partner (DSP) Agreement . Seems like they are doing it across the board to try and set up a shorter deadline to eliminate the "in-force" agreements that are paying a premium during covid.

Because of unemployment paying out for 39 weeks, Amazon is struggling to find workers to work in their warehouses. TLSS has driver ads posted everywhere trying to ramp up delivery service to meet demand, even some being posted this week. It's clearly a negotiation tactic when everyone is getting the same letter telling them they intend to cut off the premium contract. At the same time, Amazon is desperate for developing delivery services through strategic alliances in its DSP network.

BUT if they continue to try and squeeze the DSP contractors, it's time to spread wings into other contracts which is exactly what they are doing. Thankfully everyone is shorthanded in the delivery business with the number of packages being moved right now.