FedEx ending its contract with Amazon for express deliveries in the US is good news for UPS, according to analysts

Business Insider


· FedEx will not renew its contract with Amazon to provide expedited package deliveries for the online retailer in the US through its FedEx Express service.
· That's good news for UPS, the bank UBS said in a note to investors on Friday.
· FedEx appears to believe it will fare better with Amazon's e-commerce competitors, UBS...

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