News / FedEx, UPS and Amazon look to shore-up margins in a slower market

© Mira Agron

FedEx, UPS and Amazon are trying different ways to keep margins in their parcel business up.

While FedEx is further shrinking its Sunday delivery activities, Amazon is trying to boost fulfilment volumes by wooing other online merchants and UPS is extending surcharges on residential deliveries.

According to a memo to contractors performing the actual deliveries for the FedEx Ground unit, the company is to sharply reduce coverage of the US market from mid-March.

This is the second time FedEx has taken a knife ...