UPS Announces Significant Partnership Expansion with USPS

Go back to UPS Announces Significant Partnership Expansion with USPS

FedEx fails to agree extension with USPS, UPS to become primary air cargo provider

April 1, 2024 7:51 AM EDT

FedEx (NYSE: FDX) shares are down more than 2% premarket after the company revealed in a filing that its agreement to provide domestic transportation services for the United States Postal Service (USPS) will expire on September 29, 2024.

According to FedEx, the two parties were... More