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FedEx Ending Its Contract With Amazon For Express Deliveries In The US Is Good News For UPS

17 days ago|18 views
FedEx will not renew its contract with Amazon to provide expedited package deliveries for the online retailer in the United States through its FedEx Express service.

That's good news for UPS, according to UBS.

UBS said ending its Domestic Express deal with Amazon could lower FedEx's earnings-per-share by $0.40.

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