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FedEx Discussions
FEDEX losing Amazon business NOW?
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<blockquote data-quote="vantexan" data-source="post: 3988569" data-attributes="member: 24302"><p>According to an article on cnbc.com dated 2/15 Amazon is handling 26% of it's own deliveries now. An analyst at Morgan Stanley said they estimate UPS and FedEx would both have 2% more revenue if Amazon Air didn't exist at all. As Amazon continues to expand it will cut into FedEx revenue. Not taking them seriously is akin to people shouting at early cars to get a horse. Not saying they will takeover the shipping world. Just saying for FedEx to maintain profits they now enjoy they can't afford to lose revenue. Especially in the primary U.S. market that FredSmith calls saturated. And when FedEx profits go down their modus operandi is to take it from the employees.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3988569, member: 24302"] According to an article on cnbc.com dated 2/15 Amazon is handling 26% of it's own deliveries now. An analyst at Morgan Stanley said they estimate UPS and FedEx would both have 2% more revenue if Amazon Air didn't exist at all. As Amazon continues to expand it will cut into FedEx revenue. Not taking them seriously is akin to people shouting at early cars to get a horse. Not saying they will takeover the shipping world. Just saying for FedEx to maintain profits they now enjoy they can't afford to lose revenue. Especially in the primary U.S. market that FredSmith calls saturated. And when FedEx profits go down their modus operandi is to take it from the employees. [/QUOTE]
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