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The Latest FedEx Headlines
New Mail-Flying to Weigh on FedEx
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<blockquote data-quote="cheryl" data-source="post: 924959" data-attributes="member: 1"><p><strong>New Mail-Flying to Weigh on FedEx - Yahoo</strong></p><p></p><p>FedEx Express, a unit of FedEx Corporation (FDX'>FDX), is expected to lose about $400 million when a new federal mail-flying contract is negotiated in 2013.</p><p></p><p>FedEx Express signed a contract with the U.S. Postal Service (Other OTC:USPS.PK - News) for airport-to-airport delivery of priority mail, express mail and first-class mail within the United States. The contract is set to expire in 2013.</p></blockquote><p></p>
[QUOTE="cheryl, post: 924959, member: 1"] [B]New Mail-Flying to Weigh on FedEx - Yahoo[/B] FedEx Express, a unit of FedEx Corporation (FDX'>FDX), is expected to lose about $400 million when a new federal mail-flying contract is negotiated in 2013. FedEx Express signed a contract with the U.S. Postal Service (Other OTC:USPS.PK - News) for airport-to-airport delivery of priority mail, express mail and first-class mail within the United States. The contract is set to expire in 2013. [/QUOTE]
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