Delivery watch: UPS, FedEx, and Amazon in focus

|By:, SA News Editor

The warning from UPS (UPS) this morning is a double-edged sword with Q4 EPS cut due to transitory higher costs from temporary workers, but the outlook for 2014 factoring in more underlying demand factors. UPS stayed within its long-term profit growth targets, but missed analyst expectations.

Shares of FedEx (FDX) are lower in early trading after the UPS guidance cut.

Though there's plenty of speculation that the UPS Q4 miss, due in part to a surge in late online orders, could be a signal that Amazon's (AMZN) delivery traffic exceeded expectations - investors aren't betting the house on that premise just yet.

Premarket: UPS -2.9%, FDX -1.3%, AMZN -0.1%.