Social Selling News

FedEx Parts Ways with Amazon

FedEx announced it would not renew Amazon’s U.S. domestic flying contract, continuing its multi-year process of untethering from Amazon.com Inc. This does not affect Amazon’s use of FedEx’s ground parcel delivery, nor does it impact Amazon’s U.S. last-mile and international business with FedEx. According to FedEx, Amazon accounted for just

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September 1, 2019 0 comment

Headline News News

FedEx Cites Amazon as Competition for First Time

Though FedEx denied concerns about Amazon building its logistics capabilities to become a potential competitor in December, in FedEx’s just released annual report, the company stated that further growth of Amazon’s services could “reduce our revenue” and “negatively impact our financial condition.” Already competing with UPS, USPS and airlines that

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August 1, 2019 0 comment

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