
FedEx CEO Dismisses Amazon Logistics Threat After Share Tumble
FedEx CEO Raj Subramaniam has dismissed concerns regarding Amazon's new logistics service. His remarks follow a recent tumble in FedEx shares attributed to Amazon's expansion.
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FedEx CEO Raj Subramaniam has dismissed concerns regarding Amazon's new logistics service. His remarks follow a recent tumble in FedEx shares attributed to Amazon's expansion.

An Italian watchdog has issued a ban preventing Amazon's logistics unit from using the personal data of its staff, citing privacy concerns.
GXO has increased its financial outlook for 2026 and expressed confidence in its market position, downplaying any significant threat from Amazon's logistics operations.
An Italian watchdog has prohibited Amazon's logistics unit from utilizing the personal data of its staff.

Austria is set to become a major logistics hub for Amazon in Central Europe, with the company building and evaluating new locations, particularly in Upper Austria.
An Italian regulatory body has prohibited Amazon's logistics unit from utilizing its employees' personal data, citing privacy concerns.