Amazon Shifting Business Away from Fedex to UPS

[worldwide]

FedEx (NYSE: FDX) may be losing Amazon (NASDAQ: AMZN) as a customer, an analyst speculated Thursday.

In a conference call Thursday, FedEx told investors it had lost "one large customer" for its FedEx SmartPost service in the recent quarter, driving down volume for the segment by eight percent.

FedEx didn't identify the customer, but Ben Schachter of Macquarie believes "it's highly likely that Amazon is moving traffic away from FedEx and tendering packages directly to UPS for final-mile delivery."

http://www.benzinga.com/analyst-rat...nalyst-amazon-shifting-business-away-from-fed

 

[superballs63]

It would be nice if it wasnt wasn't surepost volume, but I guess more is more, regardless of service level

 

[Brownslave688]

It would be nice if it wasnt wasn't surepost volume, but I guess more is more, regardless of service level

It says tendering directly to ups for final mile delivery.

 

[cachsux]

UPS????!!!!!!

Those ruined my Christmas.

 

[IVE GOTTA PACKAGE 4U]

UPS????!!!!!!

Those ruined my Christmas.

And mine, too!

 

[sigreq]

And it also said an analyst speculated, that sounds concrete.

 

[PiedmontSteward]

If it's "SmartPost" volume being lost, then it might be switching over to SurePost for us.. not sure and the article is largely speculative, at best.

Either way, if it's true, it means more volume in the hub and hopefully my OT will start coming back. $$

 

[Brownslave688]

And it also said an analyst speculated, that sounds concrete.

There aren't too many shippers out there that can take "mid teens growth" and turn it into a -8 loss.

 

[sigreq]

Analyst speculated, highly likely ups will get final mile delivery. I mean these guys are just guessing.

 

[retiredTxfeeder]

There is an amazon building between Houston and San Antonio, and we have definitely seen increased volumn (added a few runs) just for them. Never been there, but judging by the array of stuff they sell, it must be a huge operation. Hell, I've ordered everything from gun holsters to auto parts from them. They're cheap, too.

 

[UpstateNYUPSer(Ret)]

What's this "we" stuff? You are retired and are no longer part of "we". You are now "they".


Resident know-it-all.

 

[bleedinbrown58]

And mine, too!

just wait until they make us work on Christmas Day!

 

[bleedinbrown58]

What's this "we" stuff? You are retired and are no longer part of "we". You are now "they".


Resident know-it-all.

 

[My Back Hurts]

What's this "we" stuff? You are retired and are no longer part of "we". You are now "they".


Resident know-it-all.

Once a Brown, always a brown. BTW Stop being a .

 

[UpstateNYUPSer(Ret)]

Once a Brown, always a brown. BTW Stop being a .

I'm sorry, who are you?


Resident know-it-all.

 

[TooTechie]

Third party speculation for the win. I speculate that Apple will stop making the iphone and open a chain of apple juice stands. Press release please.

Sent from Droid 4 using Brown Cafe mobile app

 

[bleedinbrown58]

Once a Brown, always a brown. BTW Stop being a .

So your user name is your real name and your avatar is a selfie? Way to stay anonymous....

 

[cosmo1]

I'm sorry, who are you?


Resident know-it-all.

We're getting a little elitist there Dave.

 

[cosmo1]

So your user name is your real name and your avatar is a selfie? Way to stay anonymous....

Hey, lighten up! New guy not afraid to bust on Dave!!








(I see a ban in his future.)

 

[UpstateNYUPSer(Ret)]

Hey, lighten up! New guy not afraid to bust on Dave!!








(I see a ban in his future.)

I am way beyond elitist.

I know exactly where the line is.


Resident know-it-all.