What’s going on here? The shipping company filed against the U.S. Commerce Department, calling it a “law enforcement agency” What inspired such soul-searching? FedEx claims it shouldn’t be held liable for unknowingly shipping products that violate the Trump administration’s ban on U.S. exports to certain Chinese companies. Driving the news: some mischief, some earnings Mischief first. Though many thought this suit…
Tag: fedex
Ep 19: FedEx Cuts Off Amazon
What’s going on here? FedEx announced its own exit: it’ll stop providing express delivery for Amazon packages in the U.S. this summer. Why this matters From a numbers perspective, Amazon represented under 1.3% of FedEx’s total revenue last year. But from a broader perspective, FedEx’s decision is telling Amazon, “we’d like to see you do it better.” That’s because Amazon…
with HT 