FedEx will deliver large packages to Amazon's residential customers under a multi-year agreement, FedEx said in an emailed statement Monday. The two parties signed a partnership deal in late ...

FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. This agreement follows UPS' decision to reduce its less-profitable Amazon deliveries and cut jobs.

Amazon says the company will join other partners including United Parcel Service and the U.S. Postal Service that regularly work alongside Amazon’s last-mile delivery network.

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on May 12, weeks after UPS said it ...