Amazon beating FedEx, UPS in delivery business, WSJ reports

Amazon (AMZN) is eclipsing both FedEx (FDX) and UPS (UPS) in the number of packages it brings to U.S. homes, and the gap is growing, The Wall Street Journal’s Dana Mattioli and Esther Fung report. According to internal Amazon data and people familiar with the matter, Amazon delivered more packages to U.S. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year. Documents viewed by the WSJ show that by Thanksgiving, Amazon had already delivered more than 4.8 billion packages in the U.S., and its internal projections predict that it will deliver around 5.9 billion by the end of 2023.