FedEx, Amazon strike large-package delivery deal
- Amazon and FedEx announced on Monday a new multiyear partnership where FedEx will deliver select large packages to Amazon customers' residences.
- This partnership follows UPS's earlier decision to reduce Amazon delivery volume due to profitability concerns, creating a need to balance capacity.
- FedEx will join UPS and USPS as a third-party partner working alongside Amazon's own last-mile network to better serve customer demand and fill delivery gaps.
- FedEx stated the deal is "mutually beneficial" and provides Amazon with "cost favorability" compared to UPS, while Amazon's spokesman Steve Kelly confirmed FedEx as part of several partners.
- The agreement marks a renewed alliance after FedEx cut ties with Amazon in 2019 and suggests ongoing adjustments in the logistics industry around large-package deliveries.
18 Articles
18 Articles
Amazon shoppers to see major packaging change after deal with mega firm
AMAZON shoppers are set to see a major packaging change as the retail giant has done a deal with a mega shipping firm. FedEx will start delivering large packages to Amazon’s residential customers in a multi-year agreement. GettyAmazon shoppers are set to see a major packaging change[/caption] The breakthrough agreement symbolizes the fresh start of the two company’s relationship almost six years after FedEx announced it wasn’t renewing its Groun…
Amazon and FedEx reach delivery deal following pullback by UPS
Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in late February. Under the deal, FedEx will transport some packages that Amazon customers have ordered to their doors on behalf of the e-commerce giant, according to the outlet. Amazon spokesperson Steve Kelly told FOX Business the company has "reached an …
Amazon signs delivery deal with FedEx to fill void after UPS pulls back
Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and cutting 20,000 jobs.
Coverage Details
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage