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Reuters

Reuters

Technology

Technology

Amazon signs up FedEx for residential deliveries

Reuters
Summary
Nutrition label

79% Informative

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday .

FedEx shares surged on Monday even more than rallying Wall Street benchmarks, finishing up 7% .

The multi-year agreement covers residential delivery of select large packages for Amazon .

The companies cut residential delivery ties in 2019 as Amazon built its now sprawling network of delivery services.

VR Score

89

Informative language

96

Neutral language

43

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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