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UPS and FedEx reject light, low-priced last-mile delivery business.
FedEx and UPS are rejecting low-priced last-mile delivery business from Chinese e-commerce sellers and Amazon.
KEY POINTS
- FedEx invested $3.4 billion in InPost for access to Europe's parcel locker network, enhancing last-mile efficiency.
- FedEx could have earned $50 billion if it invested in Shopify instead of TNT Express a decade ago.
- FedEx and UPS are encouraged to partner with e-commerce platforms like Etsy to counter Amazon's growing logistics dominance.
- FedEx Freight will be spun off into a separate company by June 1, 2026, benefiting shareholders.
COMPANIES
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