Last week, Amazon announced it was launching Amazon Supply Chain Services and offering freight, distribution, fulfillment and parcel shipping to, as it said, "businesses of all types and sizes." The same day, not coincidentally, Memphis-based FedEx stock dropped nearly 10%.

In the week since, FedEx's stock has rebounded, but the story is a good reminder of how the public links FedEx, Amazon and UPS, especially as Amazon continues to build up its logistics business. Today, business reporter Steve Bohnel joins us to talk about what the experts think of the move.

Plus:

• Memphis Grizzlies' Brandon Clarke has died
• Pearson is staying in the 9th district
• MPD releases body camera footage of an officer shot
• MIFA names a new president and CEO
• A Midtown vet assisstant is arrested for allegedly breaking a dog's paw
• Lakeland approves the first reading for a sewer-rate hike to flush the deficit