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The Latest FedEx Headlines
Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages
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<blockquote data-quote="cheryl" data-source="post: 4334682" data-attributes="member: 1"><p><a href="https://www.msn.com/en-us/finance/companies/amazon-lifts-restriction-on-sellers-using-fedex-to-ship-packages/ar-BBYXocU" target="_blank"><strong>Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages - MSN</strong></a></p><p></p><p>Amazon.com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants from shipping packages with FedEx Corp.’s ground service.</p><p></p><p>Amazon had abruptly banned FedEx at the busiest time of year, saying its ground service was too slow -- highlighting the e-commerce giant’s growing power over how products get to shoppers.</p><p></p><p>Amazon told sellers the ban would be lifted effective 5 p.m. New York time Tuesday, according to an email reviewed by Bloomberg. FedEx shares jumped as much as 3.3% on the news.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4334682, member: 1"] [URL='https://www.msn.com/en-us/finance/companies/amazon-lifts-restriction-on-sellers-using-fedex-to-ship-packages/ar-BBYXocU'][B]Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages - MSN[/B][/URL] [B][/B] Amazon.com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants from shipping packages with FedEx Corp.’s ground service. Amazon had abruptly banned FedEx at the busiest time of year, saying its ground service was too slow -- highlighting the e-commerce giant’s growing power over how products get to shoppers. Amazon told sellers the ban would be lifted effective 5 p.m. New York time Tuesday, according to an email reviewed by Bloomberg. FedEx shares jumped as much as 3.3% on the news. [/QUOTE]
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