UPS Announces Significant Partnership Expansion with USPS

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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