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FedEx and UPS Stocks Decline as Amazon Supply Chain Services Launch

FedEx and UPS stocks slid significantly, with FedEx dropping 9% and UPS sinking 10%, following the live launch of Amazon's supply chain services. The market is assessing the real threat Amazon poses to established logistics giants.

4 May, 18:33 — 4 May, 18:33
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Sources

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YahooMostly Factual122d ago

FedEx Slides 9%, UPS Sinks 10% as Amazon Supply Chain Services Goes Live: How Real Is the Threat?

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