UPS, FedEx Shares Fall on Growing Threat From Amazon Shipping
Source:
bloombergMarkets
July 9, 2026 · 11:45
United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.
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