FedEx ends Amazon deliveries
- 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.
Amazon in a statement said it is “constantly innovating to improve the carrier experience and sometimes that means reevaluating our carrier relationships.” “What was a frenemy, they’ve now figured out is their competitor,” said Trip Miller, managing partner at Memphis-based Gullane Capital, referring to the FedEx relationship with Amazon.
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