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The Competition
FedEx Discussions
Express / Ground merger
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<blockquote data-quote="Oldfart" data-source="post: 3040419" data-attributes="member: 64407"><p>That is true. But they have said for years their Express business and box business are both money losers and the letter revenue is used to cover their shortfall. At one time UPS and Fdx were suing the USPS because they were using taxpayer funding to cover a money losing venture. The letter business is drying up so the USPS needs to downsize as a result. Expanding their money losing box business is costing everyone when they buy a stamp.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 3040419, member: 64407"] That is true. But they have said for years their Express business and box business are both money losers and the letter revenue is used to cover their shortfall. At one time UPS and Fdx were suing the USPS because they were using taxpayer funding to cover a money losing venture. The letter business is drying up so the USPS needs to downsize as a result. Expanding their money losing box business is costing everyone when they buy a stamp. [/QUOTE]
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