News

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. Amazon has hired FedEx to handle some of its large package deliveries, the companies said on May ...
The agreement comes nearly six years after FedEx let its Express and Ground shipping contracts with the e-commerce giant ...
Major restructuring at UPS signals significant shifts in how packages will be delivered to your doorstep. Mexican security ...
HONG KONG/SHANGHAI/LOS ANGELES (Reuters) – The US will cut the "de minimis" tariff for low-value shipments from China to as ...
More afternoon pop-ups expected, with stronger storms late week as things heat up. A small cool down is expected for the weekend ...
Amazon will outsource delivery of large packages to FedEx in a deal that should prove more profitable on a per-shipment level than shipments under the companies’ partnership that ended six years ago.
FedEx had severed its relationship with Amazon in 2019 because of rising competition between the two companies.
The FedEx deal is not built on the notion of supplanting UPS, as Amazon noted that UPS remains a delivery partner. And more than two-thirds of Amazon's packages are now delivered in the U.S. via the ...
The deal with FedEx, signed in February, gives Amazon “cost favorability” compared with delivery rival UPS, Business Insider had reported, citing an internal document. The agreement will not replace ...
Amazon and FedEx have entered a package delivery deal, with FedEx becoming "one of several third-party partners to deliver ...
FedEx and UPS shares had fallen 21% and 28%, respectively, since the Nov. 5 election. President Donald Trump is an advocate ...
The US and China's trade deal sent the market skyrocketing, but the brightest minds on Wall Street aren't all as optimistic.