Can Amazon take on FedEx?
Not a chance if you ask FedEx Founder and CEO Fred Smith. He has a simple explanation: “Amazon is a retailer. We’re a transportation company.”
Amazon is also a disruptor. The Seattle-based company started as an online bookseller and then expanded to selling just about everything. Along the way it disrupted many traditional retailers and has grown into the largest Internet retailer in the world. Now, Amazon is investing in trucks, planes, drones and delivery facilities and many industry experts believe the giant retailer is gearing up to be a full-scale shipping network. Read more from Fortune