Ethel Jiang / Business Insider: Finance
Amazons fleet of 767s is bad news for FedEx and UPS, Morgan Stanley says (AMZN, FDX, UPS) – Amazonscargo planes are poised to take market share from the logistics giants UPS and FedEx, Morgan Stanley says. The market is missing the risk Amazon Air poses to UPS/FDX growth, a group of Morgan Stanley analysts led by Ravi Shanker said Tuesday. In August 2016, the online retailer revealed its …
