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Amazon and FedEx reach delivery deal
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FedEx Stock Gains On Tie-Up With Amazon For Large Packages, Retail’s DividedFedEx (FDX) stock rose nearly 7% on Monday after reports said that Amazon has roped in the company to deliver large packages.
FedEx will start delivering Amazon packages for the first time since 2019, the companies confirmed on Monday. The partnership will involve FedEx delivering “select large packages,” a FedEx ...
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 ...
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