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not looking good for express..
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<blockquote data-quote="FedEx2000" data-source="post: 997029" data-attributes="member: 13621"><p>Read the article, 1.5 Billion in revenue in FY12 for Express, total revenue of 26.5 Billion. UPS contract is worth about $100 Million per year and their FY11 revenue was 53.21 Billion. 5.66% of Express total revenue, that's a pretty good chunk. Doesn't mean Express will lose it, USPS probably just shopping for a cheaper deal like any customer. It's extra volume used to fill up the planes, usually a certain amount of space is allotted for USPS freight on a flight....doesn't really cost us much extra at all as the flight is happening either way. </p><p></p><p>Also states in the article that the approx. 5,000 DBX's at USPS locations will be removed as that agreement expired in June. Nothing has been said locally, possible that they are still working on a new agreement to keep them there.</p></blockquote><p></p>
[QUOTE="FedEx2000, post: 997029, member: 13621"] Read the article, 1.5 Billion in revenue in FY12 for Express, total revenue of 26.5 Billion. UPS contract is worth about $100 Million per year and their FY11 revenue was 53.21 Billion. 5.66% of Express total revenue, that's a pretty good chunk. Doesn't mean Express will lose it, USPS probably just shopping for a cheaper deal like any customer. It's extra volume used to fill up the planes, usually a certain amount of space is allotted for USPS freight on a flight....doesn't really cost us much extra at all as the flight is happening either way. Also states in the article that the approx. 5,000 DBX's at USPS locations will be removed as that agreement expired in June. Nothing has been said locally, possible that they are still working on a new agreement to keep them there. [/QUOTE]
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