Listeners:
Top listeners:
-
play_arrow
Revolution Radio Your home for the best variety of Christian music
-
play_arrow
Heartland Newsfeed Radio Network Heartland Newsfeed Radio Network
-
play_arrow
Heartland Newsfeed Radio Network (Abovecast Backup) Heartland Newsfeed Radio Network
-
play_arrow
Home For The Holidays Radio
-
play_arrow
Akil Watts scores first MLS goal as CITY SC falls to Portland Heartland Newsfeed
FedEx won’t renew Amazon ground-delivery contract
MEMPHIS/SEATTLE (UPI) — FedEx said Wednesday that it will not be renewing its ground-delivery contract with Amazon after it expires in August.
“This change is consistent with our strategy to focus on the broader e-commerce market,” FedEx said in an emailed statement to Business Insider.
The courier company has been working to increase its delivery network through e-commerce and the company said it is “extraordinarily” well-positioned to shift its focus.
The announcement comes two months after FedEx said it had decided to allow its express delivery contract with Amazon to also expire, stating that the decision to do so was strategic in order to concentrate “on serving the broader e-commerce market.”
Since 2015, Amazon has been creating a network that includes drones and autonomous delivery devices while expanding its warehouse center and testing its own delivery service in order to bolster its internal delivery system to save money.
FedEx has suggested Amazon might be a growing threat, stating in its 2018 annual report that if “current customers, such as Amazon.com, become competitors and bundle transportation with other services, it will reduce our revenue and could negatively impact our financial condition and results of operation.”
In a statement Wednesday, Amazon said FedEx has been a “great partner” and it appreciates their relationship.
“We are constantly innovating to improve the carrier experience and sometimes that means reevaluating our carrier relationships,” an Amazon spokesman said in a statement.
Reporting by Darryl Coote
United Press International is an international news agency whose newswires, photo, news film, and audio services provided news material to thousands of newspapers, magazines and radio and television stations for most of the 20th century.
REVOLUTION RADIO PREVIOUS SONGS
DEADLINES & PUBLICATION INFORMATION
Daily deadlines
News and sports submissions: 11 p.m. Central
Advertising, legals, obituaries: 5 p.m. Central
Monday-Friday deadlines
Other business inquiries: 5 p.m. Central
Publication times
Late breaking news as it happens
Normal publication: 11 p.m. Central daily
Other news: Published as it’s made available
Post comments (0)