Canadian Shipper

News

September 16, 2019

FedEx and Amazon on good terms in Canada

Toronto, ON — By terminating its U.S. business relationship with Amazon, FedEx admitted what many in the industry have known for awhile now: that Amazon is competing with established shipping companies. The announcement about ending the contract for deliveries through the FedEx ground network came two months after an earlier decision to drop Amazon from a domestic air shipping service. FedEx says that Amazon represented less than 1.3% of its total revenue in 2018, or less than US$850 million, of which 80% was moved by air. While the moves caught some by surprise, there were warning signs. A month earlier, FedEx warned in a government filing that Amazon’s fledgling delivery business could lower prices, hurt its revenue and “negatively impact our financial condition and




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Oct
16
2019

Surface Transportation Summit
6900 Airport Road Mississauga

Oct
23
2019

CITT Canada Logistics Conference
6361 Fallsview Blvd Niagara Falls, L2G 3V9

Nov
04
2019

CILTNA Fall Outlook Conference
150 Albert Street Ottawa, ON