Amazon threat to FedEx overblown, it's the postal service that's in trouble, JP Morgan says

"...With a localized pick-up and delivery system beginning within the Amazon ecosystem, the service is not directly comparable to the standard ground offerings of either public carrier but rather the final mile of the USPS," Ossenbeck added. "While UPS and FedEx could face pressure if the capabilities expand into business-to-business or international deliveries, we expect the lost volumes to ..."   
Source: www.cnbc.com

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