FedEx just rejected millions in potential revenue from Amazon — but here's why an analyst says it's still the right business move (FDX, AMZN)

Business Insider


· *FedEx announced on Friday it had decided not to renew a contract with Amazon for sending packages through its Express air shipping network.*
· *The decision will likely result in the loss of millions in potential revenue for FedEx, but analysts say the decision will pan out for the shipping carrier in the long run. *

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