Amazon on track to become largest US delivery service by early next year, executive says

·1 min read

Amazon is on track to become the largest U.S. delivery service by early 2022, the company's worldwide consumer business CEO, Dave Clark, told CNBC on Monday.

"We expect we will be one of the largest carriers in the world by the end of this year," Clark told "Squawk Box" host Becky Quick. "I think we'll probably be the largest package delivery carrier in the U.S. by the time we get to the end of the year, if not in early '22."

Amazon's continued expansion in the delivery space gives it greater control over how customers' packages get to their doorsteps, according to CNBC.

Clark added that the company has been shipping goods to new ports to avoid blockages, CNBC reported, giving it a major advantage during this holiday season.

"These things don't happen overnight," Clark told Quick. "We've been building the logistics infrastructure, the technology platform that drives it, for two decades now, so we walked into the pandemic in a really good place."

The Silicon Valley giant now oversees thousands of last-mile delivery companies, an in-house network of planes, trucks and ships, and warehouses and air hubs across the country.

Various analysts and investors have predicted those tools would enable Amazon to rival established delivery giants such as UPS, FedEx and the U.S. Postal Service, CNBC noted.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting