UPS, FedEx fall on report Amazon readying delivery service

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NEWYORK-AMAZON/

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Shares of FedEx and UPS slipped following a media report that Amazon.com is readying its own air delivery service, meaning not only that the companies may see diminished business from a massive client, but that they might have to compete against it.

http://www.cbc.ca/news/business/ups-fedex-amazon-delivery-service-1.4528220?cmp=rss