UPS, FedEx Shares Fall on Growing Threat From Amazon Shipping

United Parcel Service Inc. and FedEx Corp. share prices declined following an analyst report stating that Amazon.com Inc. offers shipping services to third-party customers at lower rates with faster delivery times. The report identified Amazon's shipping operations as a competitive factor for traditional package delivery companies. UPS and FedEx have historically relied on e-commerce shipments as a significant portion of their business.

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