Amazon's new delivery service is a “power move” and “shot across the bow at UPS and FedEx,” said Wedbush analyst, Dan Ives.

FedEx CEO Raj Subramaniam argued that Amazon's recent supply chain services announcement does not pose a threat to Fedex.

The world moves on cargo jets. Air transport carries less than 1% of the volume of world shipments, but represents around 33% by value because goods shipped by air are typically higher cost, often ...

May 4 (Reuters) - Amazon.com said on Monday it would allow other businesses to store and ship goods ranging from raw materials to final products through its vast network, as the e-commerce giant moves ...

Amazon.com Inc. is said to be preparing to launch a delivery service for businesses, putting it in direct competition with UPS and FedEx, the Wall Street Journal reported on Friday. Dubbed “Shipping ...

Shares of FedEx (NYSE:FDX) are down 9% to roughly $359 in midday trading Monday, while United Parcel Service (NYSE:UPS) stock is down 10% to about $97. The trigger: Amazon (NASDAQ:AMZN) has officially ...

Amazon launched Amazon Supply Chain Services, bundling freight, distribution, fulfillment, and parcel shipping into a single offering for any business. Shares of UPS dropped nearly 10% and FedEx fell ...

FedEx Express handled much less cargo at its Memphis World Hub in June than it did the year prior, the same month it decided to cut domestic ties with Amazon. In June, the weight of domestic cargo ...

FedEx said Tuesday that it will offer same-day delivery in partnership with logistics company OneRail, with the announcement following a recent move by Amazon to offer expedited deliveries across the ...

Amazon unveiled a new supply chain offering on May 4 - Amazon Supply Chain Services - that will allow companies outside its marketplace sellers to use its full suite of shipping, distribution, and ...

All’s fair in love, war and last-mile logistics. FedEx has launched SameDay Local in collaboration with last-mile orchestration platform OneRail to offer two-hour and end-of-day delivery services.