Amazon is developing an Uber-like app that would match truckers with shippers, according to Retail Dive. The app, scheduled for release next summer, will also provide real-time pricing, driving directions, tracking and payment options.

Amazon reported Q3–2016 net sales of $32.7 billion, a 29 percent increase from Q3–2015 ($25.4 billion). Operating expenses also increased by 29 percent from $24.9 billion in Q3–2015 to $32.1 billion in Q3–2016 of which $3.9 billion was shipping costs.

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Photo: AP

Last Updated on December 17, 2016 by Ramin Seddiq