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June 10 - 11:06
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FedEx ends air shipping contract with Amazon in U.S.
FedEx has made the strategic decision to not renew the FedEx Express U.S. domestic contract with Amazon. The company said it is to focus on serving the broader e-commerce market. The decision will not impact FedEx delivering for Amazon on a "last-mile" basis, but rather its air services. Amazon has spent considerable funds building its own delivery network in recent years.
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