Amazon opens up logistics network to other businesses
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Amazon’s new delivery service is a “power move” and “shot across the bow at UPS and FedEx,” said Wedbush analyst, Dan Ives.
FedEx and UPS shares are falling, but one analyst isn’t sure that Amazon’s new service will have a significantly disruptive effect.
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The operative phrase here is "all types and sizes." If UPS is particularly threatened by ASCS encroaching on the small- and medium-sized business market, then GXO Logistics is thr