AMAZON SAYS PRIME DELIVERIES REACHED THEIR FASTEST SPEEDS EVER LAST YEAR

Amazon delivered packages to its Prime customers at the fastest speeds ever in 2023, the retailer said this week, thanks to better inventory placement, a new regionalization model for shipments and more same-day warehouses.

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The company had indicated in public announcements and corporate earning calls last year that packages were arriving faster on the doorsteps of Prime members, who pay $139 per year – or $14.99 per month – for speedy deliveries and other perks.

In a blog post on Tuesday, Doug Herrington, CEO of Amazon’s worldwide stores business, provided more details on parcel shipments made during the holiday shopping season, which saw strong consumer spending despite price increases and high borrowing costs.

In the last three months of 2023, Herrington said Amazon increased the number of items it delivered the same day – or overnight – in the U.S. by more than 65% year-over-year. More than 70% of Prime orders arrived same day or the next across the Atlantic in the U.K.

Overall, Amazon said it delivered 7 billion items with same or next day shipping last year. The company declined to provide comparable figures on shipping data from 2022.