By Connor Hart
Amazon.com has added FedEx as a partner to deliver select large packages to homes for the online retailer, as the two companies find more ways to do business together after a previous split.
"We've reached an agreement with FedEx to serve as one of several third-party partners to deliver packages to our customers," Amazon spokesman Steve Kelly said Monday.
He added that the Memphis, Tenn., company will join other third-party partners including United Parcel Service and the U.S. Postal Service that regularly work alongside Amazon's last-mile delivery network to balance capacity.
Terms of the deal weren't disclosed. FedEx described the partnership as a mutually beneficial, multi-year agreement.
Amazon and FedEx have explored doing more business with each other in recent years, following the companies' high-profile split in 2019.
The partnership between Amazon and FedEx comes after UPS earlier this year said it plans to phase out more than half of the business it does with the online retailer over the next 18 months. Amazon accounted for about 12% of UPS's revenue last year, or about $1.07 billion.
The move resulted in UPS last month disclosing plans to slash expenses, including the elimination of about 20,000 operational positions and closing more than 70 leased and owned buildings.
The FedEx deal is not meant to replace Amazon's prior deal with UPS, and any claims to the contrary are incorrect, Amazon said. More than two-thirds of Amazon packages are delivered via Amazon's own logistics network in the U.S., according to the company.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
May 12, 2025 17:59 ET (21:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。