FedEx to cut daytime domestic flight activity by 60%
FedEx Corp. plans to significantly slash daily flights and the number of U.S. cities served by air during the daytime when its air cargo contract with the U.S. Postal Service…
FedEx preps for $500M headwind after US Postal Service split
The delivery giant is preparing to aggressively reduce Postal Service-related costs following the contract’s Sept. 29 expiration to minimize the impact to its bottom line.
FedEx to pursue air network changes post-USPS contract, CFO says
“We are going to continue to have a daytime operation, and we’ve some great customers on that,” the CFO said. “And will we do as much as we are doing…
FedEx retains top spot on USPS supplier list – for now
The latest data from law firm Culhane PLLC has revealed FedEx remained the top supplier for the United States Postal Service (USPS) with US$1.6bn in revenue for fiscal year 2023
FedEx’s network poised for a shakeup after US Postal Service split
Daytime flight operations and pilot staffing are likely targets for reductions once the air transportation contract expires in September, experts say.