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The Latest UPS Headlines
Amazon, Uber pose challenges to FedEx, UPS delivery monopoly
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<blockquote data-quote="cheryl" data-source="post: 1698639" data-attributes="member: 1"><p><a href="http://www.marketwatch.com/story/amazon-uber-pose-threat-to-fedex-ups-delivery-monopoly-2015-06-18" target="_blank"><strong>Amazon, Uber pose challenges to FedEx, UPS delivery monopoly - Marketwatch</strong></a></p><p></p><p>Legacy delivery companies like FedEx Corp. and United Parcel Service Inc. played a huge role in the decline of the U.S. Postal Service, but it’s time for them to pay the piper--technology has brought them face-to-face with their own competitive threat: Amazon.com Inc., Uber and other startups.</p><p></p><p>Mobility, brought upon by the proliferation of smartphones, apps and connected devices, has created a climate of instant gratification and given way to a fast-growing market for on-demand delivery services, such as Postmates. </p><p></p><p>“It’s a changing of the guards,” said Roger Kay, a technology analyst and founder of consulting company Endpoint Technologies Associates “If the old guards can’t provide a comparable experience and comparable price, in some sense they aren’t going to be competitive anymore.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 1698639, member: 1"] [URL='http://www.marketwatch.com/story/amazon-uber-pose-threat-to-fedex-ups-delivery-monopoly-2015-06-18'][B]Amazon, Uber pose challenges to FedEx, UPS delivery monopoly - Marketwatch[/B][/URL] Legacy delivery companies like FedEx Corp. and United Parcel Service Inc. played a huge role in the decline of the U.S. Postal Service, but it’s time for them to pay the piper--technology has brought them face-to-face with their own competitive threat: Amazon.com Inc., Uber and other startups. Mobility, brought upon by the proliferation of smartphones, apps and connected devices, has created a climate of instant gratification and given way to a fast-growing market for on-demand delivery services, such as Postmates. “It’s a changing of the guards,” said Roger Kay, a technology analyst and founder of consulting company Endpoint Technologies Associates “If the old guards can’t provide a comparable experience and comparable price, in some sense they aren’t going to be competitive anymore.” [/QUOTE]
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Amazon, Uber pose challenges to FedEx, UPS delivery monopoly
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