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The Nexus
BUSINESSMay 4 · 14:30 UTCBLOOMBERGMatthew Griffin, Cailley LaPara

FedEx, UPS Shares Tumble on Amazon’s ‘Watershed’ Logistics Move

FedEx and UPS shares have declined due to Amazon's new logistics move, which is seen as a significant shift in the industry. Amazon's decision is expected to impact the shipping landscape. The move is considered a watershed moment for logistics.

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