The new language shows how Amazon's growing shipping and delivery services are no longer just a small part of its business — and that it should be considered a more serious competitor to bigger logistics partners, like FedEx and UPS.
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FedEx Stock Is So Cheap That Now Amazon Really Should Buy the Company, Analyst SaysIf tech and retail giant Amazon wants to become a shipping giant, too, buying FedEx could be a cost-effective way to do so, says Loop Capital Markets analyst Anthony Chukumba.
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Amazon, Walmart may be starting a shipping war. FedEx, UPS will need to keep up or get shut out.The paid Amazon Prime service has made two-day delivery the bare minimum, and that led to Walmart embracing free two-day shipping.
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UPS CEO David Abney used to claim Amazon is just a good customer — but now he's calling the ecommerce giant a possible rivalIn an interview with Business Insider, UPS CEO David Abney walked back some of his remarks on Amazon.
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