FedEx out, UPS in for ‘significant air cargo contract’
FedEx Corp.'s contract with the United States Postal Service is ending and rival transportation giant United Parcel Service is taking over. Trucks depart FedEx Ship Center on Appling Road. (The Daily Memphian file)
FedEx’s pilots union said the change will diminish FedEx’s competitive advantage, but the logistics giant said it will improve profitability as soon as the 2025 fiscal year.
Topics
FedEx USPS Logistics UPSAisling Mäki
Aisling Mäki has spent the better part of two decades writing about Memphis. A former digital journalist for WMC Action News 5 and staff reporter for Memphis Daily News, her work has also appeared in The Commercial Appeal, High Ground News, I Love Memphis, Inside Memphis Business, The Memphis Flyer, Memphis Parent, Memphis Magazine and Tri-State Defender.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.