As Amazon Air Expands, FedEx And UPS May Suffer

Amazon aims to compete with FedEx and UPS in the logistics and shipping industry. That's what analysts told CNBC after Amazon Air recently expanded to 50 planes and announced it will open a $1.5 billion air hub in Northern Kentucky in 2021. Amazon is handling up to 26% of its own shipping, meaning FedEx, UPS and the U.S. Postal Service are losing a portion of Amazon's business. FedEx says it's not worried, but Morgan Stanley reports the major shippers have already lost 2% revenue to Amazon Air.

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As Amazon Air Expands, FedEx And UPS May Suffer

[CNBC]

Which industry do you think Amazon will disrupt next?

[LesterDiaz]

This just puts into perspective how massive Amazon is as a company. FedEx executive sounds just like Blockbuster executives rejecting the Netflix idea. Just like Amazon is putting retailers out of business it will take a significant percentage of their business to a point where it will hurt them.

[FoneArc]

Someone build me a time machine so I can go back 20 years and buy up Amazon, Google, and Apple stock.

[potato]

"We are not worried about amazon" said borders book store, sears, and Circuit City.

[papito]

All Amazon needs to do is create local Amazon stores where people can return, send & pickup packages like Fedex/UPS have and they will be unstoppable.

[KirkBuchanan]

Very interesting. Amazon is out to CRUSH everyone. A true monopoly.

[BBOYWORLD]

Fedex and ups will feel the pain, once amazon start offering cargo space to other logistic partys to make sure there planes are always full and efficient. Dont understimate amazon,

[MrAwesomestar]

I mean blockbuster once said that Netflix will never be a competition. So I wouldn't agree with FedEx...they better watch out

[brandon]

This FedEx executive's words are going to come back to haunt him in a few years.

[lVladness]

I’m sure what the fedex guy said about Amazon is what block buster said about Netflix 🤣🤦🏽‍♂️

[aldouztek]

This FedEx Senior VP reminds me of Steve Ballmer when asked about iPhone...

[varovaro]

The Fedex guy is so confident that he’s already applying for a job at Amazon... as a prime truck driver....

[CircaAlex]

Amazon is already plotting out fulfilment centers on Mars

[keydaniels]

Mr. Bezos will go down in history with the like of JP Morgan and Rockefeller.

[max]

6:16 We don't see a world where Amazon would be a competitor of Fedex


Amazon: Hold my beer

[feltonw]

The Fedex guy's famous last words: "That's in no way a competitive threat". Good luck mate.

[sparkysmalarkey]

I purchased a bag of high end soil, very hard to find locally, from Amazon for half what I've been paying, and it was delivered in less than 48 hours for FREE.


That means a ton to me.

[TheNon]

Send by car is shipping, send by ship is cargo. English is funny man 😂

[fabriceizzo]

The FedEx VP attitude is how large corporations fail and go bankrupt. Unless he playing it cool for the camera.

[GoldenTV]

2070: You have to buy Amazon Homes, go to Amazon Grocery Stores, take an Amazon Commercial Plane to visit Europe, your local Amazon Chinese Takeout place.