UPS CEO: 'We have a mutually beneficial relationship' with Amazon - Yahoo
UPS and Amazon are frenemies and their codependence means they just can’t seem to break up with one another. So, what does that mean for the future of their relationship?
“Amazon is a customer of ours. We have a mutually beneficial relationship. We also see them as somewhat of a competitor,” said David Abney, UPS chairman and CEO. “So we watch them just like we would anyone else.”
In an interview with Yahoo Finance’s On The Move, Abney said the company is “leaning in” to e-commerce and explained how its relationship with Amazon is not a “zero-sum” game.
UPS and Amazon are frenemies and their codependence means they just can’t seem to break up with one another. So, what does that mean for the future of their relationship?
“Amazon is a customer of ours. We have a mutually beneficial relationship. We also see them as somewhat of a competitor,” said David Abney, UPS chairman and CEO. “So we watch them just like we would anyone else.”
In an interview with Yahoo Finance’s On The Move, Abney said the company is “leaning in” to e-commerce and explained how its relationship with Amazon is not a “zero-sum” game.
