It could either be devastating for FedEx, or they have something else going for them... and hopefully it's nothing in the tune of a Chinese Investment.
I think it's a bit of a gamble. FedEx is tacitly acknowledging Amazon as an upcoming threat in the logistics segment. If FedEx plays it right, they're an appealing way for companies to compete with Amazon. If they called it wrong, they handed the US market, at least short term, to UPS on a silver platter.
Amazon has its hands in too many pies. If FedEx breaks off, they can still make money elsewhere (ie: shipping buttloads ofonline merch from retailers other than Amazon/shipping across the country or overseas, or sponsoring sci-fi shows). If Amazon makes everything Amazon brand and something happens to Amazon, [insert atomic bomb gif and crash sound]
I suspect once Amazon fully immerses itself into the logistics business it's going to find margins exceptionally slim when it wants to maintain it's free shipping prime promise.
@Lucy ... don't know if you really want wolf spiders in your home... I'd go for jumping spiders, they can't bite... wolf spiders are the fast movers, and they can bite.
((Will lose my ACP internet towards the end of the month, unless anyone knows about it ending sooner. Trying to switch my Lifeline phone to a better provider that doesn't shut me off after four and a half gigs of data, nothing but failure so far and "call here" and "it's on their end" and the back and forth crap... in the morning, it's time to demand the supervisor and might even get to harsh language (after three days of that). I plan to use the Lifeline phone tethered as Internet source, share that to my own router... I've done it before (it's messy, and not 100% effective, but it works). ))
((The 'net is the main way to apply for jobs now, so I need that, and I've moved/changed Lifeline providers before without an issue, so no idea what the problem is. I have active Verizon through ACP, active Lifeline through Airtalk... is that somehow the issue? If anyone knows, please let me know before I tear someone a new one (ya know what I mean). After three days of this, and two days about a month ago, I'm ready to walk there with katana in hand.))
((And, thoughout this process, I want to port my number (have the info for that) and use the phone I have (Samsung Galaxy S9... gotten for free through Airtalk... note to anyone: if you choose a nice phone through them, you are locked into a 120 day "commitment" to get the phone for free, and they have a very hard data limit... once you use up your data, they cut you off, point blank.))