The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discuss the top business and investing stories.
In this segment, UPS (NYSE:UPS) has dropped a bid to purchase TNT Express, a European parcel delivering service, after European regulators announced that they would block the merger over antitrust concerns. The guys discuss why this is such bad news for the struggling TNT Express, and why online retailers such as Amazon.com (NASDAQ:AMZN) are going to be such a powerful revenue driver for companies such as UPS and FedEx (NYSE:FDX).
The relevant video segment can be found between 5:39 and 10:48.
Chris Hill owns shares of Amazon.com. Jason Moser has no position in any stocks mentioned. Joe Magyer owns shares of Amazon.com and UPS. The Motley Fool recommends Amazon.com, FedEx, and UPS and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.