FedEx Corp. is ending its air-shipping contract with Amazon.com Inc. in the U.S., signaling the delivery company no longer wants to fly packages for an online retailer that is developing its own delivery network.
In a surprise move Friday, FedEx said it won’t renew the domestic contract, which runs through June 30, for its Express unit. It will still have other shipping contracts with Amazon, including through its ground network and international services.
Huawei should sue Fedex for re-routing their documents to USA.
Good news...Fedex lost some VERY important documents that i entrusted to them...i asked about their lost n found department and they admittd after several phone calls they didnt have one, they nvr found my documents and i had to redo them and hand deliver them myself (dam shame)
Nice try FedEx but you’re not fooling anyone. You couldn’t meet amazon’s (likely harsh) terms for extension and now you’re desperate for business, or as you laughably put it “are signaling extra capacity to customers”. Pathetic
shivkuma_k The whole business of amazon works like this. First board the businesses, learn the business models, develop your own and put them straight in competition to the business which help you build amazon in the first place. Thats not fair amazon fedex
This is great news..FedEx always fucks up my deliveries...last time they delivered my pckage two blocks away
Kingfish1935 This may be the right move at the right time; I expect that Amazon is soon to lose its unbelievably beneficial tax breaks and will face huge losses on shipping costs.
Definitely makes sense. Amazon does enjoy eating other people’s lunches. Maybe they will attempt to takeover FedEx?
How to handle disruption (competition)?
This only strengthens the delivery innovation process.
They don't want to strengthen their competitors by doing business with them. America needs to do it the same with rogue nations and China. If you do business with them, you give them money to destroy you.
They want changes im sure and will keep it. Too much$$$ at stake