robi523

I care. But discussing any other company here is not helping in anyway, eyes on course

Lockheed

then stop bringing us up - simple

Tango Uniform

Amazon bought a stake in Cargojet. I imagine as soon as price is right somebody will be in house at Amazon. They wouldn’t be building new regional hubs in places like KAFW and KLALalong with others if they were not looking to move the airline in-house.

zerozero

I respectfully disagree.

If you look at how Amazon acquires companies they don't start by "taking a stake". They do it out of the clear blue sky.

Best case in point: Whole Foods. $13.7 BILLION. Bam. Just like that. No one saw it coming.

Another one: Ring. $1.5 BILLION. Right out of the clear blue sky.

This CargoJet interest is just another reinforcement of the cozy relationship between DHL and Amazon. DHL certainly has "a stake" in Polar Air Cargo, but they don't own them wholly in any fashion.

My personal belief, and I think all the facts point in this direction, is that Amazon will continue to distribute all of its eggs in a lot of different baskets specifically in order to mitigate any deleterious effects of a union action. One more fact, Amazon is notoriously anti-labor.

All Amazon/DHL crews need to PLAN for the inevitable whipsaw as long as this business model is allowed to continue.

Tango Uniform

You bring up a good points Zero Zero. I'm thinking about DHL after buying Airborne then spinning off the Airline as ABX. It turned out to be one of the worst acquisitions in history. The economy didn't help then but using multiple air carriers was a cluster.

UPS partnered with DHL with the IPX cert. Then UPS bought out DHL's stake and brought all that contracted out work in house. This was done because things were a cluster with multiple carriers.

I'm thinking that Amazon and DHL will learn from those two examples in North America. Amazon is already driving down wages with ACMI's flying for Amazon. Who knows, the industry is a fickle *****.

zerozero

Fickle would be an understatement.

Again, with respect, I think we need to broaden the "scope" (pardon the expression) of the speculation.

Looking at what DHL and Amazon are doing in North America--and UPS for that matter--in my opinion really discounts the ambition of where Bezos wants to take this project in CVG.

DHL is *the* major logistics company worldwide, and Amazon clearly has global ambitions. It's a "truckload" more than any one company can handle, even IF they have "worldwide" in the name of their holding company.

That's why I think this will look more like a network. One, spread out the risk, as I mentioned before, but Two, it's the only way to literally cover the globe.

All just my opinion, which doesn't mean jack.

sandman22

How low does the stock price have to go before this happens?

Birdsmash

The stock price has nothing to do with the company’s ability to service the debt and maintain cash flow for daily operations. I’m sure others with far more knowledge can add some color to my explanation.

4runner

What if they’re intentionally lowering the stock price so that amazon can acquire the rest of the company?

JonnyKnoxville

What if they are not?