UPS CEO: 'Very comfortable' with Amazon relationship - CNBC
UPS CEO David Abney said he is "very comfortable" with his company's relationship with Amazon.com, one week after The Wall Street Journal reported the relationship between the two had come under stress.
The report raised the possibility of Amazon emerging as a rival to UPS in a bid to process rising package volumes and offset higher shipping costs.
But Abney dismissed the notion that UPS' customers would be better off going it alone.
UPS CEO David Abney said he is "very comfortable" with his company's relationship with Amazon.com, one week after The Wall Street Journal reported the relationship between the two had come under stress.
The report raised the possibility of Amazon emerging as a rival to UPS in a bid to process rising package volumes and offset higher shipping costs.
But Abney dismissed the notion that UPS' customers would be better off going it alone.