Amazon Searching For Ireland Warehouse As Brexit Threatens Open Border With UK

Amazon is on the lookout for an area about 100,000 square feet on the outskirts of Dublin, sources familiar with the matter told Bloomberg.

The e-commerce giant currently ships Irish orders from its U.K. warehouse, but the status of border control between the two countries post-U.K.’s exit from the E.U. bloc remains unclear for the lack of an agreement.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The newly-elected Prime Minister Boris Johnson has promised a timely Brexit, which means that the status quo will end by the December 31, 2020 deadline, even if the country can’t strike a deal with the E.U. on trade, customs, and other matters.” data-reactid=”21″>The newly-elected Prime Minister Boris Johnson has promised a timely Brexit, which means that the status quo will end by the December 31, 2020 deadline, even if the country can’t strike a deal with the E.U. on trade, customs, and other matters.

The e-commerce giant is also concerned with increasing its shipment speed, Bloomberg noted, and moving warehouses closer to the big city helps achieve that goal.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Last week, Amazon banned the third party sellers&nbsp;to cut delivery time in the U.S. for Prime-eligible orders with delivery giant FedEx Corporation‘s (NYSE: FDX) ground services during the rest of the holiday season.” data-reactid=”23″>Last week, Amazon banned the third party sellers to cut delivery time in the U.S. for Prime-eligible orders with delivery giant FedEx Corporation‘s (NYSE: FDX) ground services during the rest of the holiday season.

Price Action

Amazon’s shares closed 0.37% lower at $1,784.03 on Wednesday.

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