FedEx said on Monday it could be in danger of losing the U.S. Postal Service as its largest customer. The financially strapped post office has informed FedEx and rival UPS that it will seek competitive proposals for air transportation services that are under contract to FedEx through September 2013. "Accordingly, upon the expiration of the current agreement, the transportation services we provide to the USPS could be transitioned, in whole or in part, to another provider," FedEx said in an annual report filed with the U.S. Securities and Exchange Commission. "This would have a negative impact on our asset utilization and profitability," the company stated. FedEx has carried First Class, Priority and Express Mail for the Postal Service under contracts dating to 2000, using the extra volume to maximize efficiency of its domestic fleet and the Memphis hub. full article... FedEx says it could lose lucrative postal contract The Commercial Appeal Most likely they will just get less money a year but if they were to loose it boy... combined with ES gone.