FedEx's Trading Volume Drops 36% to $508 Million, Ranks 224th as Amazon Deal Boosts Delivery Capacity

On May 13, 2025, FedEx's trading volume was $508 million, a 36.03% decrease from the previous day, ranking 224th in the day's stock market. FedEx's stock price fell by 0.77%.

FedEx has secured a significant deal with Amazon to handle deliveries previously managed by UPS. This agreement is expected to provide cost savings and alleviate capacity constraints for FedEx, as Amazon seeks to fill the gap left by UPS's reduced delivery services. The partnership, struck in late February, focuses on handling large item deliveries, marking a renewed collaboration between the two companies. This strategic move by Amazon aims to ensure seamless delivery services for its customers, despite UPS's pullback.