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" ... The logistics guys, UPS and FedEx, must also feel they reacted 'too little, too late' to the Amazon threat. Contrary to Walmart, their fight is not for leadership but for survival. As with the retail business, Amazon has so many revenue streams that it may very well start offering its fulfillment and logistic services at a loss. This would undoubtedly force consolidation in the sector where FedEx looks like the weakest competitor. So you can bet your hats that they are already evaluating different scenarios. An alliance with the largest retailer in the world would undoubtedly infuse a breath of fresh air to an asphyxiating competition. ... "