Source: News Formal (newsformal.com)
Right on Amazon!!! 👍🏼👍🏼. Would have never succeeded if they would allowed Trump the Con as a partner or investor!!! He’s just flat out jealous of the tremendous SUCCESS!!!! 😬
And stealing from someone ligitimitely again.
Thank you President Trump.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FedEx CEO: It’s ‘fantastical’ to think Amazon Air is a threatWall Street may be worried about the competition FedEx Corp. is facing from e-commerce juggernaut Amazon.com Inc.’s Amazon Air, but FedEx just brushed off those concerns. Bankers: it's 'fantastical' to think Bitcoin is a threat. Said all the software companies before amazon became all of their enemy That’s what Barnes and Noble said...
Source: MarketWatch - 🏆 3. / 97 Read more »
FEDEX: We aren't afraid of AmazonFedEx addressed concerns around Amazon's growing shipping ambitions, stressing that it doesn't see the e-commerce giant as a threat. You should be. They can easily use their huge cash flow and the billions of packages they won’t be delivering through FedEx or UPS to under cut your prices and piggyback their logistics to match your performance. As soon as Amazon decides to cut you out, you’re toast. And apparently you just cut your forecast growth and tabled your stock. Good. You have a great co & do a great job. I bet your employees don't have to be on food stamps while you get tax abatements.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon leases another 10 aircraft from ATSG to expand Amazon AirAmazon.com Inc. said overnight that it will 10 more aircraft from Air Transport Services Group Inc. as it expands Amazon Air's network, increasing the fleet to 50 aircraft. Amazon's stock rose 0.7% in premarket trade Thursday, after closing Wednesday at an 8-month low. The 10 additional cargo aircraft will consist of Boeing Co.'s 767-300. The 40 aircraft Amazon previously leased in 2016 were also Boeing 767 freighters. "By expanding the Amazon Air network through our partnership with ATSG we're able to ensure we have the capacity to quickly and efficiently deliver packages to customers for years to come," said Dave Clark, senior vice president of worldwide operations at Amazon. Earlier this week, when Amazon package-delivery customer FedEx Corp. was asked about potential competition from Amazon Air, Chief Executive Frederick Smith said he doesn't see Amazon Air as a peer competitor, and doubts it ever will be. Amazon's stock has tumbled 24% over the past three months but was still up 25% year to date, while the S&P 500 has lost 16% the past three months and 7.7% this year.
Source: MarketWatch - 🏆 3. / 97 Read more »
Amazon posing a threat to FedEx is a 'fantastical' idea, FedEx CEO said — but the reality is much more complicatedFedEx CEO said Amazon isn't a threat to the company's business. Analysts told Business Insider it's not that simple. Sounds like we have another 'Blockbuster' on our hands.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon's fleet of jets is growingAmazon is expanding its airplane fleet, diminishing further its reliance on major delivery services like UPS, FedEx and the U.S. Postal Service. The company said Friday it will lease 10 Boeing 767s planes, bringing its total fleet to 50 with the goal of getting orders to people faster and... Is a smart move. UPS Sucks! Haha yes!!! The empire grows! Kneel before amazon puny mortals! .amazon I want a Prime Air model plane ✈️ thanks
Source: ABC - 🏆 471. / 51 Read more »
Amazon just expanded their fleet to 50 aircraft — and it shows that FedEx and UPS is starting to lose one of their biggest customersIt's the latest announcement from Amazon that signals just how keen the e-commerce juggernaut is on expanding its own air shipping capabilities. 👍 Have to give bezos credit. Taking care of biz. Doesn’t give shit to trump threats. Goodbye retail. Hello world. Amazon is speeding into bankruptcy of historical record
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon is building an air hub in Texas — and that means more bad news for FedEx and UPS, Morgan Stanley saysAmazon is building an air hub in Texas. That's good news for Amazon, according to a new analysis from Morgan Stanley, and bad news for UPS and FedEx. Won’t be surprised if one of these companies are taken over by Amazon to save on shipping charges Amazon has a airhub in Stockton California yet they run part of the airport. Equally important I deliver food to their employees on GrubHub.
Source: BusinessInsider - 🏆 729. / 51 Read more »
MORGAN STANLEY: Amazon might have up to 100 planes by 2025 — and that would slash profits at UPS and FedExAmazon may double its air fleet size to 100 planes by 2025.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The Monumental Push Behind Getting That Package Delivered By ChristmasLast holiday season, some 3 million packages a day were delivered late by UPS –– but that should be prevented with its new super hub and billions in other facility upgrades and technological improvements, UPS says. Thanks NATIVE__Jay Priority Mail is a sham! 2day delivery 7days later, Christmas surprise won’t be happening. No help USPSHelp
Source: NPR - 🏆 96. / 63 Read more »