FedEx chief dismisses Amazon's supply chain threat
Bangladesh, May 18 -- In a media interview, FedEx President and Chief Executive Raj Subramaniam said Amazon Supply Chain Services (ASCS) is fundamentally different from what his company operates.
"FedEx is a true end-to-end global network," Subramaniam said. He added that a genuine network means picking up a shipment from anywhere in the world and delivering it elsewhere within days - something he said Amazon's offering does not provide.
Subramaniam characterized ASCS as a non-asset third-party logistics play, noting that while FedEx also offers such services, it maintains long-term contracts with customers in that segment.
Amazon launched ASCS in early May, with major companies including Procter & Gamble, 3M, Lands' End, and American...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.