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FedEx Trims Amazon Ties as Retailer Flexes Delivery Muscles

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc., paring a key customer relationship as the largest online retailer deepens its foray into freight transportation. The new focus will be on “serving the broader e-commerce market,” with U.S. package volume from online shopping expected to double by 2026, FedEx said in…

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