FedEx CEO Raj Subramaniam said Amazon's new supply chain service is not a threat to FedEx, emphasizing that the two offerings are "completely different." The comments were made on CNBC's Mad Money, and the article provides no quantitative financial impact or change in guidance. Overall the news is a low-impact competitive update for the logistics sector.
FedEx CEO Raj Subramaniam said Amazon's new supply chain service is not a threat to FedEx, emphasizing that the two offerings are "completely different." The comments were made on CNBC's Mad Money, and the article provides no quantitative financial impact or change in guidance. Overall the news is a low-impact competitive update for the logistics sector.
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