FedEx Corp. is ending its air-shipping contract with Amazon.com Inc. in the U.S., evidence of escalating tensions between the longtime partners as the e-commerce giant builds its own delivery network. FedEx said Friday it decided not to renew the Express contract, which flies Amazon packages in the U.S., but it will continue to handle Amazon packages through its ground network and international services. The contract runs out June 30.

Source: Wall Street Journal June 07, 2019 18:08 UTC