FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.
The pullback will reduce the availability of Sunday service to about 50% of the U.S. population, according to an internal memo. FedEx had announced in July that it would slash coverage on that day to roughly 80% of U.S. residents from 95%.
The company expects to halt the service in select areas beginning in mid-March, according to the unsigned Jan. 6 memo, which was sent to the contractors that make deliveries for its Ground unit. FedEx will decide next month which markets will be affected.
