A key metric on FedEx's balance sheet underscores why the shipping giant dropped Amazon as a customer (AMZN, FDX)

Business Insider


· FedEx Express, the company's air cargo segment, has ended its relationship with Amazon.
· According to FedEx's most recent quarterly report, the company certainly needs fewer Amazon-like customers — ones with huge volumes but low margins.
· Package volume through FedEx's non-overnight air deliveries has jumped by 24%,...

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