Thu. Jun 20th, 2024

US Postal Service reduces FedEx spend amid transformation plan

May 8, 2023

READ FULL ARTICLE AT » Supply Chain Dive

  • The U.S. Postal Service reduced its spending on FedEx’s services by nearly 11% from fiscal year 2021 to 2022, according to data compiled by David Hendel, a partner at law firm Culhane Meadows.
  • FedEx was still the agency’s top supplier in FY2022, which ended Sept. 30. However, the Postal Service’s spending with the delivery giant is likely to drop again in FY2023 as it shifts volume from air cargo to ground transportation, according to an April press release from Hendel and Culhane Meadows.
  • Hendel has compiled a list of the top 150 Postal Service suppliers each year since 1999 based on data obtained from Freedom of Information Act requests. His practice focuses on Postal Service matters.
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