FedEx declines U.S. air-delivery contract

FedEx, the big multinational corporation, has decided not to renew the the domestic contract with Amazon.

The Washington Post says: “FedEx said Friday it has decided not to renew a key domestic contract with Amazon, a move that could pinch the online retail giant during its all-important holiday shipping season when it has sometimes struggled to get packages to customers on time.

The decision highlights tension between the longtime partners after Amazon has built its own logistics network over the past few years and is delivering more customers’ packages, lessening its dependence on FedEx and other shipping partners. FedEx executives have repeatedly said Amazon won’t become a competitor and remains highly dependent on its shipping partners, despite its growing logistics might.”

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