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However, Amazon clarified that the deal with FedEx is not meant to replace UPS. Instead, FedEx will join other third-party partners, like USPS, to support Amazon’s logistics operations.
FedEx stopped performing ground deliveries for Amazon packages at the end of the deal as the logistics firms operated more as competitors, and the e-commerce giant expanded its logistics network.
The Memphis-based delivery company said the multi-year agreement covers residential delivery of select large packages for Amazon. The deal with FedEx, signed in February, gives Amazon "cost ...
Maine’s first Amazon location, a 12,000-square-foot delivery station in Caribou, opened Friday morning, a company spokesperson said in a release.
Executives from San Diego-based parcel consultancy Shipware offered up some observations on this development, with Amazon and FedEx renewing business ties, following a June 2019 breakup, in which ...
FedEx said that Amazon made up just 1.3% of its total revenue in 2018, or about $850 million.
UPS has some leverage because its unified delivery network is more efficient than the split FedEx Express and Ground networks. But, UPS depends on Amazon for 11.6% of its revenue.
In short, Amazon is becoming a kind of e-commerce Walmart with a FedEx attached. With any other company, an expansion like this would be preposterous. But Amazon’s growth has been preposterous.
Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer ...