Losing a contract with online retailer Amazon hurt the financial performance at FedEx, one of the world's biggest shippers. And higher-than-expected expenses for expanding delivery to seven days a week, a weak global economy as well as a shortened holiday shopping season also added to the challenge.
FedEx's Bottom Line Dips After Amazon Cuts Contract, Expands Its Own Shipping Space
Shipping Giant Shows Pressure on Retailers to Shrink Their Property Is Widespread
CoStar News
December 19, 2019 | 12:46 AM
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