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FedEX, UPS Shares Surge As Amazon To Suspend Delivery Service For Third-Party Sellers Due To Increased Demand
Tuesday, April 7, 2020 - 10:59pm | 344Amazon.com Inc. (NASDAQ: AMZN) is suspending the delivery service for third-party sellers on its platform starting June, the Wall Street Journal reported Tuesday. What Happened The service called "Amazon Shipping" was available in only a few handful cities in the United States, the...
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Report: Amazon Is Toying With A New Delivery Service That Could Replace UPS And FedEx
Thursday, October 5, 2017 - 8:19am | 430Amazon.com, Inc. (NASDAQ: AMZN)'s reliance on shipping partners including FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) could be drastically reduced, Bloomberg reported. Amazon is exploring the concept of a new delivery system dubbed "project Seller Flex," in which the e...
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Amazon Faces A $350,000 Fine For Doing What?
Tuesday, June 14, 2016 - 10:04am | 235Amazon.com, Inc. (NASDAQ: AMZN) may be fined $350,000 by the Federal Aviation Administration for a shipping accident that occurred in 2014. According to CNN Money, Amazon failed to properly package or label a box it shipped to customers that contained the Liquid Fire drain cleaner. It was...