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Worried analysts question Amazon's logistics plans
2016-01-29 11:34:34| Air Courier - Topix.net
Jan 29 In the wake of Amazon.com Inc's disappointing financial results that sent shares plunging Thursday, analysts blamed rising costs to deliver goods, which increased to $4.5 billion in the quarter, up 24.4 percent from the same quarter last year. And they sharply questioned the company's plans to continue to make heavy investments in logistics, even at the expense of profits.
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Category:Transportation and Logistics