MarketWatch
US · 1 hrs ago
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Amazon is taking on FedEx and UPS. That may not be so simple.
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Amazon is expanding its logistics services to compete with FedEx and UPS, causing their stock prices to decline, though some analysts question whether Amazon's efforts will substantially disrupt the established carriers' market position.
Amazon is taking on FedEx and UPS. That may not be so simple.
FedEx and UPS shares are falling, but one analyst isn’t sure that Amazon’s new service will have a significantly disruptive effect.
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