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Amazon delivers threat to FedEx, UPS with surge in shipments
Amazon offering free one-day delivery on more than 10M items
Amazon gears up for the holiday season with quick delivery on millions of items. FOX Business’ Ashley Webster with more.
Amazon is taking a bite out of the U.S. package-delivery business long dominated by UPS and FedEx, companies so well-known that their brands became the industry's equivalent of "Googling" a topic on the internet.
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As of August, the world’s largest online retailer was delivering 46 percent of U.S. packages bought on its online platform through Amazon Logistics, the company’s in-house shipping and delivery service, according to research by the investment bank Morgan Stanley.
UPS TO BEGIN DELIVERY, PICKUP SERVICES SEVEN DAYS A WEEK
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