Tech News

Amazon wants to make more products available for two-day delivery, so it's launching a FedEx competitor

October 5, 2017

Bad news for FedEx and UPS—Amazon is coming to eat their lunch.

Amazon is testing a new delivery service with the intention of making more products available for free two-day delivery, according to a Bloomberg report. The service would also help take pressure off of overcrowding issues at its warehouses.

The plan would put Amazon in direct competition with its longtime partners UPS and FedEx, which currently manage most of the two-day deliveries made by Amazon Prime members. Following the revelation this morning, UPS shares were down 2.3 percent and FedEx shares were down 2 percent in premarket trading. Read more…

More about Amazon, Amazon Prime, Fedex, Ups, and Deliveries
Source: Mashable | Amazon wants to make more products available for two-day delivery, so it's launching a FedEx competitor

No Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.