Instant Alert: Amazon is promising massive profits to anyone who wants to start a delivery company with a minimum $10,000 investment

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Amazon is promising massive profits to anyone who wants to start a delivery company with a minimum $10,000 investment by Hayley Peterson on Jun 28, 2018, 10:10 AM Advertisement Amazon is trying to expand its network of package delivery couriers by offering a package of incentives, including discounts on vehicles and fuel, to new business owners. Delivery partners who are accepted into Amazon's program could earn about $300,000 in annual profits operating a fleet of up to 40 delivery vehicles, the company said. Amazon already works with hundreds of third-party courier companies nationwide that hire and manage their own fleets of drivers. Amazon is offering new incentives to anyone who wants to open and run a courier business delivering packages for the e-commerce behemoth.  The company says delivery partners who are accepted into the program could earn about $300,000 in annual profits operating a fleet of up to 40 delivery vehicles. To start, the partners need only a minimum investment of $10,000. Amazon said it would provide discounts on Amazon-branded vehicles customized for delivery, branded uniforms, a fuel program, comprehensive insurance coverage, and more. People interested in applying for the program don't need to have any experience in delivery and logistics, the company said.  Amazon said it plans to eventually hire hundreds of business owners into the program, who would employ tens of thousands of drivers across the US.  Amazon already works with hundreds of third-party courier companies nationwide that hire and manage their own fleets of drivers. The new incentives appear to be part of an effort by Amazon to rapidly expand that network, as its last-mile delivery needs have ballooned in recent years.  The company's shipping costs nearly doubled over the course of three years, from $11.5 billion in 2015 to $21.7 billion in 2017. Amazon did not respond to requests for comment on whether its relationship with current delivery service providers would change. If you are an Amazon delivery service provider or driver and have a story to share, email hpeterson@businessinsider.com. SEE ALSO: Amazon's discounts for Prime members just hit all Whole Foods stores. Here's how to find the deals.   Share the latest business news with your network:    Email sent to: nguyenvu1187.love5@blogger.com   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011