Reuters
A FedEx delivery worker.
- $4 is ending its ground shipping relationship with $4, according to Bloomberg News.
- In recent months, FedEx has made it clear that it views Amazon as a competitor rather than a partner.
- $4.
FedEx is ending its ground delivery contract with Amazon, $4, citing a statement from the shipping service.
The move comes as Amazon works to scale up its own logistics and delivery services, including $4.
"This change is consistent with our strategy to focus on the broader e-commerce market," FedEx said in the statement to Bloomberg.
Amazon was responsible for just over 1% of FedEx's sales in 2018. Over the past year,$4, and not a collaborative partner.
"[We] look at Amazon as a wonderful company and service and they're a good customer of ours," Smith said in a December earnings call. "We don't see them as a peer competitor at this point in time. For many reasons, we think it is doubtful that will be the case."
This story is developing...