FedEx must prepare for battle with Amazon, says former exec

© La Fabrika

FedEx should have a plan in its back pocket for a battle with Amazon in the future, according to a former FedEx manager. He said while Amazon was not ready to take on the integrator yet, there would come a time when it would be more of a competitor than a customer. Transport Topics also reports that a Yusen manager thinks Amazon is “going to stretch everyone to keep pace with them”.

Meanwhile, in China, another courier company has opted for a reverse listing in a bid to raise capital. Shanghai Yunda Express will list on the Shenzhen stock exchange in a $2.7bn deal.