PR: Statement regarding FedEx’s relationship with Amazon

BOS_6670_06_2008

By LoadstarEditorial

07/06/2019

PRESS RELEASE

June 7, 2019

“FedEx has made the strategic decision to not renew the FedEx Express U.S. domestic contract with Amazon.com, Inc. as we focus on serving the broader e-commerce market. This decision does not impact any existing contracts between Amazon.com and other FedEx business units or relating to international services. As previously disclosed, Amazon.com is not FedEx’s largest customer. The percentage of total FedEx revenue attributable to Amazon.com represented less than 1.3 percent of total FedEx revenue for the 12-month period ended December 31, 2018.”

To read the full release, please click here.

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Topics

Amazon FedEx FedEx Express Alibaba China e-commerce Ethiopian Airlines

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