USPS, FedEx Extend Express Air Transportation Contract for 7 more years

FedEx Extends Express Air Transportation Contract With United States Postal Service

MEMPHIS, Tenn., February 23, 2017 … FedEx Corp. today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The contract modification extends the agreement through September 29, 2024.fedex-usps

The modified contract is expected to generate revenue of approximately $1.5 billion per year for FedEx Express. FedEx Express will provide airport-to-airport transportation of USPS Priority Mail Express and Priority Mail within the United States.

“We are pleased to be able to extend this agreement and to continue the outstanding service that FedEx Express has provided to the USPS for more than 16 years,” said David J. Bronczek, president and chief operating officer of FedEx Corporation. “This contract provides USPS with the operational reliability and flexibility they have come to expect from FedEx.”

 

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4 thoughts on “USPS, FedEx Extend Express Air Transportation Contract for 7 more years

  1. Thankfully the USPS doesn’t have their own fleet of planes….could you just imagine the clowns they would hire and train as pilots….those clowns would make Harrison Ford look like Chuck Yeager!

  2. the post office should go out and purchase a fleet of 800 Boeing 747’s and let their diversity crowd pilot them………that would be a hoot. still, would bet they would lose a billion faster than a falling 747.

  3. I told my in-plant gal to stuff tha sacks with bulk rate mail. FedEx gonna carry everything. It’s already paid for.

  4. USPS should pursue a new business deal with FedEx,as well as,UPS,in which missed deliveries;could be retrieved at the nearest Postal-Station. Such a delivery arrangement,should be strictly at a FedEx or UPS’s,customers request. FedEx and UPS,are apparently looking to be business-originating only shippers,as they have both closed;many of their relatively new retail-stores,as well as,other authorized retail shipping points. Meanwhile,despite several rounds of closures,the POSTAL-STATIONS;remain in virtually”Every Town U.S.A.”!!

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