FedEx ends ground delivery partnership with Amazon

cheryl

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FedEx ends ground delivery partnership with Amazon - Reuters

FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

The move by the U.S. package delivery company comes two months after it decided not to renew its contract with Amazon for U.S. cargo delivery through its plane-based express service.

Analysts have said Amazon has secured a better rate with UPS for package deliveries on planes, so it makes little sense for the company to partner with FedEx.
 
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