FedEx Fights UPS to Keep $1 Billion Postal Service Deal
"...FedEx warned in a regulatory filing this week that it may lose the contract or be able to negotiate less favorable terms for renewing it. Postal Service work generated about $1.4 billion for the Memphis, Tennessee-based company in its fiscal year through May 2012 ..."
Source: www.bloomberg.com
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"...FedEx Express will continue to fly over 4 million pounds of U.S. mail every business day - the equivalent of 40 wide-body DC10 aircraft using existing aircraft and facilities. ..."
Source: www.redorbit.com
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