, Columnist
FedEx’s Amazon Freeze-Out Sets Up Delivery Wars
Its decision to cancel Amazon's ground-delivery contract speaks volumes about the extent to which it views the e-commerce giant as a threat.
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FedEx Corp. seems to have finally realized it’s futile to label Amazon.com Inc.’s delivery aspirations as a “fantastical” threat. Now it’s waging an outright war on a company it appears to increasingly view as a competitor.
FedEx won’t renew Amazon’s ground-delivery contract when the agreement expires at the end of this month, the company said in statement first reported by Bloomberg News on Wednesday. This follows a June announcement that FedEx would cease U.S. air-delivery services for Amazon.