Canada Markets closed

Don't Worry About Amazon, UPS Has Plenty of Growth Prospects

·4 min read
Don't Worry About Amazon, UPS Has Plenty of Growth Prospects
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

For example, one common line of thought is that Amazon.com's (NASDAQ: AMZN) expansion of its delivery network will eat into revenue and profits at UPS and FedEx (NYSE: FDX). It's no secret that Amazon is expanding its delivery network, and that's caused some disruption at UPS and FedEx. Indeed, FedEx has ended contracts with Amazon, and UPS has had to adjust its business strategy in response -- its focus on the small and medium-sized (SMB) market for growth is one example.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting