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Wednesday, December 18, 2019

FedEx Losses: Greatest Opportunity in U.S. Postal Service History; Unions Should Reap Huge Benefits

FedEx profit falls 40% amid higher costs, loss of Amazon

"...Then this week, Amazon temporarily banned its third-party sellers from using FedEx's ground service to ship to its Prime members, citing concerns about whether the deliveries would show up in time for Christmas. FedEx said the loss of volume from Amazon hurt it in the fiscal second quarter more than the previous one because its ground contract with Amazon ended in August..."    

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