Amazon quietly became a logistics giant in the 2010s. And its network won't just move your Prime packages in 2020s.
FedEx has been caught in the middle of the China-US trade war, and one of its pilots was detained for a week, according to The Wall Street Journal.
FedEx's revenue is 70% business-to-business. That complicates maintaining high margins while navigating the exploding world of e-commerce.
FedEx executives have made it clear in recent months that the company views Amazon as a competitor rather than a partner.
In recent months, FedEx executives have made it clear that it views Amazon as a competitor rather than partner.
Amazon's late delivery rate has more than doubled from 2017 to 2019 as it moves from FedEx, UPS, USPS, and other traditional logistics partners.
Observers say Amazon is building a logistics empire to compete with UPS and FedEx. And this Anchorage expansion is suggestive of an even bigger move.
Amazon is increasingly flying your deliveries across the country. But observers say its not smooth sailing for its in-house cargo airline.
FedEx decided not to renew its Express shipping contract with Amazon. According to Moody's, that's still the right move.
FedEx announced it would no longer deliver packages for Amazon in the US as the logistics industry contends with the threat of Amazon Air.