FedEx message regarding passing of founder and executive chairman Frederick W. Smith
June 21, 2025 10:13 PM The following is a message sent to FedEx team members. Team, It is ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
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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