FedEx Extends Express Air Transportation Contract With United States Postal Service
FedEx Extends Express Air Transportation Contract With United States Postal ServiceMEMPHIS, Tenn., February 23, 2017—FedEx Corp. (NYSE: FDX) 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 modified contract is expected to generate revenue of approximately $1.5 billion per year for FedEx Express. FedEx Express will provide airport-to-airport t