FedEx reduces Sunday deliveries ‘again’ amid e-commerce decline, Bloomberg says

FedEx’s (FDX) Sunday package deliveries are getting cut further as the company deals "with faltering e-commerce demand," wrote Thomas Black for Bloomberg. Densely populated areas will continue to be served on Sunday as they have "proven customer demand," added the Bloomberg story, citing FedEx comments. "As we continue to adapt and streamline the FedEx global network to meet our customers’ needs in a rapidly shifting landscape, FedEx Ground is making further adjustments to better align our Sunday residential delivery operations with current customer demand," the company said, according to Bloomberg. Other companies in the space include UPS (UPS) and Amazon.com (AMZN). Reference Link