FedEx is officially sounding the alarm bells on Amazon after years of laughing off the retail giant's rapidly building package-delivery empire (FDX, AMZN)

5:12am PDT - July 17th, 2019    amzn - Business Insider

FedEx 's most recent annual report signals the package giant is indeed worried about Amazon. The retailer is rapidly expanding its logistics network. For years, FedEx CEO and founder Fred Smith has brushed off the idea that Amazon would threaten his business.…