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UBS Joins Morgan Stanley in Warning of Amazon’s UPS-FedEx Threat
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<blockquote data-quote="cheryl" data-source="post: 3986745" data-attributes="member: 1"><p><strong>UBS Joins Morgan Stanley in Warning of Amazon’s UPS-FedEx Threat - Bloomberg</strong></p><p></p><p>Another analyst is raising concerns about the damage Amazon.com could do to United Parcel Service and FedEx.</p><p></p><p>UBS writes that Amazon “remains a meaningful long term risk” for both companies as the web retailer will likely build out its package delivery operations, even though the timing of this expansion is uncertain.</p><p></p><p>“While the path is increasingly clear, the velocity is more difficult to gauge,” analyst Thomas Wadewitz said. "There is still likely a meaningful timeframe of limited direct impact."</p></blockquote><p></p>
[QUOTE="cheryl, post: 3986745, member: 1"] [B]UBS Joins Morgan Stanley in Warning of Amazon’s UPS-FedEx Threat - Bloomberg[/B] Another analyst is raising concerns about the damage Amazon.com could do to United Parcel Service and FedEx. UBS writes that Amazon “remains a meaningful long term risk” for both companies as the web retailer will likely build out its package delivery operations, even though the timing of this expansion is uncertain. “While the path is increasingly clear, the velocity is more difficult to gauge,” analyst Thomas Wadewitz said. "There is still likely a meaningful timeframe of limited direct impact." [/QUOTE]
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