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25.06.2019 09:00:00

How Can FedEx Grow Without Amazon?

FedEx (NYSE: FDX) has stopped using Amazon.com (NASDAQ: AMZN) for express packages, and that may make it a more attractive partner for Walmart and Target. To help get that business, the shipping company has added Sunday delivery and late-night pickups. That should help those retail players compete with Amazon, and it will make FedEx an obvious choice for shipping. This may also have cleared the way for FedEx's just-announced deal to put kiosks in about 8,000 Dollar General locations over the next few years.In this segment of Industry Focus: Energy, host Nick Sciple and Motley Fool contributor Dan Kline talk FedEx and more. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. A full transcript follows the video.Continue reading
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