Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages - MSN
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.
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.