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AMZN Amazon.com Inc

179.93
4.93 (2.82%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Amazon.com Inc NASDAQ:AMZN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.93 2.82% 179.93 179.92 180.00 185.15 176.56 181.64 95,015,514 01:00:00

FedEx Rising After Amazon Lifts Ban on FedEx Ground for Third-Party Prime Shipments

14/01/2020 8:37pm

Dow Jones News


Amazon.com (NASDAQ:AMZN)
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FedEx Corp. (FDX) shares were higher in afternoon trading, recently up 3% to $163.60 after Amazon.com Inc.(AMZN) lifted its ban on FedEx Ground for third-party prime shipments.

Amazon on Tuesday notified third-party merchants they could once again use FedEx's Ground network to ship orders placed under Amazon's Prime membership program, The Wall Street Journal reported.

Amazon in December blocked its third-party sellers from using FedEx's Ground delivery for Prime shipments, citing a decline in performance, WSJ reported at the time.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

January 14, 2020 15:22 ET (20:22 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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