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With Amazon investing in trucks, planes, drones, and delivery facilities, industry observers, are speculating whether the e-commerce giant is planning to disrupt the logistics industry and compete with FedEx and UPS.
Manufacturing in China may not be the bargain it once was, writes an entrepreneur from Zhejiang.
Global logistics giant UPS has to scrap plans to buy European competitor TNT Express for $6.9 billion. The European Commission informed UPS that it will likely block the move due to antitrust concerns.
