“The growth of Amazon has been very good for Homer Logistics but not because the e-commerce giant uses the Midtown-based courier service for deliveries. Rather, the three-year old startup can thank Amazon’s competitors for its rapid growth this year.
Major retailers, desperate to keep up with the Seattle behemoth, are offering same-day delivery service for more and more products. Venture capital–backed Homer Logistics has gone from relying almost entirely on doing restaurant deliveries to getting a small but fast-growing portion of its revenue from serving online retailers and the e-commerce arms of brick-and-mortar stores.
Founder and CEO Adam Price declined to provide dollar figures but said the volume of deliveries is almost triple what it was in 2016. Read More