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FedEx CEO dismisses reports of Amazon challenge as fantastical

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FedEx and its rivals hold advantages in the density of their networks, Mr Smith said.

Dallas

WHEN FedEx Corp chief executive officer Fred Smith looks at Amazon.com Inc, he sees a valuable customer - not a mortal danger.

A major competitive threat from Amazon to FedEx or United Parcel Service Inc is unlikely because the online retailer would have to invest tens of

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