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FedEx severs air-delivery ties with Amazon

(Bloomberg)—FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc. (No. 1 in the Internet Retailer 2019 Top 1000), 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 ecommerce market,” with U.S. package volume from online […]

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