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Anthony LoPinto

I was amazed when I heard that FedEx is dropping its agreement with Amazon and will no longer deliver the behemoth’s packages. FedEx has said that Amazon represented less than 1.3% of its total revenue last year, or less than $1 billion. The potentially big winner will be UPS who Amazon has to turn to because it does not have any other options, at least for now. The rub for UPS is that Amazon already represents 10% of its revenues, and additional growth will further expose UPS to unhealthy concentration with Amazon who could decide to build out its own delivery system.

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