FedEx and Amazon ended their ground delivery partnership back in 2019, but a recent report from the Wall Street Journal indicates that the logistics networks entertained the idea of a reunion. Both ...
In the past, CEO Fred Smith has described the idea that FedEx could be disrupted by Amazon as "fantastical." ...
Last fall, when he was running for mayor of Wilmington, Ohio, John Stanforth heard a rumor. A big company was testing an airfreight operation at the local airport, Wilmington Air Park. Whoever it was ...
FedEx Corp. said that, following about a year of talks, it has a new delivery deal with Amazon.com Inc., which comes some five years after the two companies pared their delivery partnership. The deal ...
Amazon and FedEx are reviving a ground delivery partnership after a six-year hiatus. The companies reached a multi-year deal in which FedEx would provide last-mile residential delivery of select large ...
Amazon and FedEx reportedly weighed teaming up on returns last year. The companies engaged in talks early last year but didn’t ultimately emerge with a partnership in place, The Wall Street Journal ...
FedEx faces fierce competition from Amazon, challenging its market dominance and profitability. Despite historical underperformance, upbeat analyst expectations and cost-saving initiatives offer ...
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 and ...
FedEx, Amazon and UPS have all announced notable cost-cutting moves in response to declining customer demand in recent months. FedEx has resorted to a combination of layoffs, furloughs and ...
Amazon may choose to insource significant package volume from UPS as focus shifts from building up capacity to efficiency and productivity.
Earnings Estimates: Analysts expect FedEx to report second-quarter revenue of $22.79 billion, up from $22.00 billion in last ...