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February 12, 2018

UPS, FedEx weigh impact if Amazon really delivers

  • Shares of delivery giants UPS and FedEx slipped Friday, but so did Amazon stock as analysts expressed caution about the difficulty of building a competitive global network.
    • By DAVID KOENIG and JOSEPH PISANI
    Associated Press

    Amazon has already shown that it can rattle the retail, grocery and health insurance industries, and now it is doing the same in the delivery business.

    The online retailer is reportedly planning a new service to pick up packages from businesses and deliver them to consumers.


     
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