Amazon loses contract with FedEx ExpressAdstoppi Web Traffic
Published by: Adstoppi
Still, FedEx’s decision not to renew its contract with Amazon is evidence of escalating tensions between the US domestic shipping industry and the country’s largest and most dominant e-commerce company. Amazon’s success is due in part to offering free shipping, an immense cost it has largely paid out to shipping companies like FedEx, UPS, and the United States Postal Service.
It is no secret Amazon wants to own every link in its logistics chain, from the warehouses that store its products to the planes, cargo ships, and delivery trucks that move its products around the world. Just last month, Amazon CEO Jeff Bezos celebrated construction crews breaking ground on the company’s $1.5 billion, 3 million-square-foot air hub attached to the Cincinnati/Northern Kentucky International Airport. Earlier this week, Amazon revealed its brand-new hybrid Prime Air delivery drone, a device that Amazon hopes will one day compete with FedEx and UPS delivery trucks.