'The FedEx effect'
US logistics integrator FedEx recently released its “annual economic impact report” that focused on the ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
If there was uncertainty before, it should be clear now: FedEx does not want Amazon as a customer. Just two months on from declining to renew its air freight contract with the e-commerce giant, the operator has severed its ground-delivery contract, according to reports in DC Velocity. This year, Amazon has seen its relationships with FedEx, UPS and the US Postal Service deteriorate. Much of this seems to be down to its reliance on these carriers to deliver for its ever-expanding empire, while simultaneously building its own delivery firm to supplant them.
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