Shares of FedEx (NYSE: FDX) rose on Tuesday after Monday’s plunge due to Amazon’s logistics platform launch, intensifying pressure on FedEx’s core business.
The move comes as investors weigh continued pressure from Amazon’s end-to-end supply chain services, which target FedEx’s core business.
Amazon Push Intensifies Pressure On FedEx
Amazon’s platform integrates freight, warehousing, inventory management… [2813 chars]
Source: Benzinga | Published: 2026-05-05T14:25:49Z
Credit: Benzinga
