Amazon Intensifies Competition with FedEx and UPS in Shipping Market

Amazon is reportedly aggressively expanding its shipping services, causing a significant drop in stock prices for competitors like UPS and FedEx following its launch in May.

19 Jul, 11:57 — 19 Jul, 11:57

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The IndependentMostly Factual38d ago

Shipping wars: Amazon is ‘aggressively’ going after Fedex and UPS, insiders say

Amazon shook up the shipping world with its launch back in May with both UPS and FedEx stocks dropped by approximately 10 percent that day

By Graig Graziosi

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Amazon Intensifies Competition with FedEx and UPS in Shipping Market

Sources

Shipping wars: Amazon is ‘aggressively’ going after Fedex and UPS, insiders say

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