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The Competition
The Latest Headlines about USPS, DHL, Amazon, etc.
Bernstein: Amazon Flex Is No Threat To FedEx, UPS
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<blockquote data-quote="cheryl" data-source="post: 3527805" data-attributes="member: 1"><p><a href="https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11771202/bernstein-amazon-flex-is-no-threat-to-fedex-ups" target="_blank"><strong>Bernstein: Amazon Flex Is No Threat To FedEx, UPS - Benzinga</strong></a></p><p></p><p>Amazon.com, Inc. investors are always on the lookout for the company’s next disruptive business, and some believe it could be parcel delivery. Amazon Flex is not a major threat to United Parcel Service, Inc. and FedEx Corporation, according to Bernstein analyst David Vernon.</p><p></p><p>Amazon Flex is Amazon’s crowdsourced delivery model that could potentially challenge FedEx and UPS, but Vernon said Flex has major limitations.</p><p></p><p>“We see limited risk of full-scale diversion of volume from traditional carriers to crowdsourced models due to the constraints required to build efficient flex blocks and limitations on supply of ‘right-timed’ labor,” the analyst said in a Thursday note.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3527805, member: 1"] [URL='https://www.benzinga.com/analyst-ratings/analyst-color/18/05/11771202/bernstein-amazon-flex-is-no-threat-to-fedex-ups'][B]Bernstein: Amazon Flex Is No Threat To FedEx, UPS - Benzinga[/B][/URL] Amazon.com, Inc. investors are always on the lookout for the company’s next disruptive business, and some believe it could be parcel delivery. Amazon Flex is not a major threat to United Parcel Service, Inc. and FedEx Corporation, according to Bernstein analyst David Vernon. Amazon Flex is Amazon’s crowdsourced delivery model that could potentially challenge FedEx and UPS, but Vernon said Flex has major limitations. “We see limited risk of full-scale diversion of volume from traditional carriers to crowdsourced models due to the constraints required to build efficient flex blocks and limitations on supply of ‘right-timed’ labor,” the analyst said in a Thursday note. [/QUOTE]
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Bernstein: Amazon Flex Is No Threat To FedEx, UPS
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