Another FedEx-Amazon divorce (with video)
FedEx Corp. (NYSE:FDX), tired of walking around bowlegged from Amazon.com, Inc.’s (NASDAQ:AMZN) pricing and service demands on its ground-delivery business, has had enough.- According to the article in freightwaves.com and its author Mark Solomon
FedEx will effectively end its ground-delivery contract with Amazon at the end of August, according to sources. According to one source, FedEx will technically remain an Amazon vendor, but will not handle any national-account traffic, which is mostly everything it moves for Amazon.- Solomon also wrote in his article.
Read the full story HERE
Source and credits: freightwaves.com / Mark Solomon and Mario Pawlowski / iTrucker