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Amazon doesn't have desire to be long-haul delivery business, analyst says

Despite reports that Amazon is laying the groundwork for its own shipping business, at least one Wall Street analyst doesn't think the e-commerce giant is going in that direction.

Amazon has publicly said it wanted to supplement delivery services like UPS, not destroy them. However, The Wall Street Journal reported that Amazon wants to build a massive delivery network that could eventually compete with UPS and FedEx.

"I don't think...