FedEx enhances Amazon integration and highlights recent customer acquisitions.

FedEx plans to complete its large-package delivery partnership with Amazon by the third quarter of its fiscal year, which spans December to February. While the initial impact on FedEx’s first quarter was minimal, the deal is expected to enhance U.S. domestic revenue growth once fully implemented. FedEx is also experiencing growth in its small- and medium-sized business sector, with a revenue increase of over 10% year-over-year. The company is streamlining operations through its Network 2.0 initiative, merging its Express and Ground networks and closing facilities to improve efficiency and competitiveness.