<ul><li>Amazon has partnered with FedEx to fill delivery gaps left by UPS, which announced reducing deliveries for Amazon earlier this year.</li><li>Amazon and FedEx had cut ties in 2019 due to rising competition but are now renewing their partnership to improve package deliveries.</li><li>The new partnership with FedEx gives Amazon cost favorability compared to UPS, potentially resulting in cost savings for Amazon.</li><li>While Amazon regularly works with third-party delivery partners, the FedEx deal does not aim to replace UPS entirely, aiming to balance capacity to serve customers better.</li></ul>

Amazon strikes a new partnership with FedEx after UPS pullback

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