Did Amazon's Recent Move Just Make FedEx and UPS Stock Less ... - The Motley Fool
Amazon has quietly restarted its third-party delivery service, posing a potential threat to traditional logistics companies such as UPS and FedEx. While Amazon currently limits the service to merchants using its selling platform, there is potential for expansion. FedEx and UPS are already facing challenges, with Amazon accounting for only 10% of UPS's revenue. However, Amazon's own logistics operation, supported by its fleet of cargo-carrying jets and delivery vans, could pose a significant threat in the future. The shift to online consumerism has led sellers to opt for Amazon's delivery solutions over traditional companies.