UPS to replace FedEx as U.S. Postal Service's primary air cargo provider
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FedEx fails to agree extension with USPS, UPS to become primary air cargo provider
April 1, 2024 7:51 AM EDTFedEx (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
