Business

FedEx CEO Defends Against Amazon's Logistics Threat

Updated 2026-05-13 09:45 UTC 1 source Neutral

FedEx CEO Raj Subramaniam dismissed concerns over Amazon’s new logistics service, stating it does not pose a significant threat to FedEx. The announcement sent FedEx shares down slightly.

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CNBC
FedEx CEO Raj Subramaniam argued that Amazon's recent supply chain services announcement does not pose a threat to Fedex.
2026-05-12 22:58 UTC
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