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The Amazon effect: FedEx and UPS stocks are down after news of rumored delivery service

For years, Amazon has been buying and renting planes and other logistics supplies, which led many to wonder what the end game would be. When asked, Amazon would typically say it was only to make its deliveries more efficient. Today, however, the Wall Street Journal reports that the company is preparing to launch its own … Continue reading “The Amazon effect: FedEx and UPS stocks are down after news of rumored delivery service”

The Amazon effect: FedEx and UPS stocks are down after news of rumored delivery service
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Amazon is looking to take on FedEx and UPS with biz delivery service

The search giant is set to launch a new delivery service for businesses called “Shipping with Amazon,” the Wall Street Journal reports. The new shipping service will see the e-commerce giant pick up packages from businesses and deliver them to customers. The service is expected to roll out in Los Angeles this month to third-party … Continue reading “Amazon is looking to take on FedEx and UPS with biz delivery service”

Amazon is looking to take on FedEx and UPS with biz delivery service
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