FedEx is ending its ground delivery partnership with Amazon, FedEx said on Wednesday, news that comes as Amazon moves to expand its own delivery network.
“This change is consistent with our strategy to focus on the broader e-commerce market, which the recent announcements related to our FedEx Ground network have us positioned extraordinarily well to do,” FedEx said in a statement.
Reuters reported that FedEx was ending its contract with Amazon for small-package ground deliveries following its decision not to renew its cargo delivery contract with Amazon.
Amazon, meanwhile, has been expanding its delivery fleet of vans, trucks and planes. The online retail giant made up less than 1.3 percent of FedEx’s revenue last year, according to Reuters.
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FedEx ending ground delivery partnership with Amazon https://t.co/WVeV1UirZj pic.twitter.com/6eXiMXddpk
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