Do people actually think a billion deliveries p.a. from the networks / supply chain of NA Williams is actually possible? This is surely a completely ridiculous number.
For reference, I've just spent 2 minutes Googling and there was 12B parcel deliveries in the US in 2016 (source: Pitney Bowes).
By subscribing to the 1bn p.a. number and the resulting ~$130M revenue associated with that, you are assuming that the supply chain / networks of this tiny company in the declining auto industry (more likely they are completely screwed) focused in the American mid-west can somehow generate deliveries that compare in volume to almost 10% of TOTAL parcel deliveries in the US.
A lot of people are speaking as if the NA contract is going to be the white knight for GSW...at this stage, I do not think its justified....definitely not at 1bn transactions p.a.
GSW Price at posting:
$2.92 Sentiment: None Disclosure: Not Held