FedEx has agreed to purchase ShopRunner’s e-commerce shipping service, which will operate as a subsidiary of FedEx Services, for an undisclosed sum (Thomas Black / Bloomberg)

Thomas Black / Bloomberg:

FedEx has agreed to purchase ShopRunner e-commerce shipping service, which will operate as a subsidiary of FedEx Services, for an undisclosed sumFedEx Corp has agreed to acquire ShopRunner, an e-commerce service that provides shipping to more than 100 brands, as the shipping company seeks to deepen its relationships with online shoppers.