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Boxed offers weekend delivery services with reduced costs after partnering with FedEx

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FedEx has partnered with the e-commerce wholesale product seller, Boxed, and signed a multi-year agreement to deliver most of its shipments. This partnership will not only allow consumers to avail seven-day delivery with FedEx’s super convenient weekend delivery system but also reduces delivery costs for Boxed clients. The CEO of Boxed, Chieh Huang, said that the company is fortunate to reduce costs during the time of inflation and satisfy its customers via improved services.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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