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STOCKS | UPS, FedEx Shares Fall on Growing Threat From Amazon Shipping

STOCKS | UPS, FedEx Shares Fall on Growing Threat From Amazon Shipping

CoinLive

Jul 9, 2026 at 01:58 PM

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, highlighting the risk the e-commerce company poses to traditional shipping firms, according to Bloomberg.

Source: CoinLive The copyright of this article belongs to the original author/organization.

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