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.
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FedEx USPS Logistics UPSAisling Mäki
Aisling Mäki covers health care, banking and finance, technology and professions. After launching her career in news two decades ago, she worked in public relations for almost a decade before returning to journalism in 2022.
As a health care reporter, she’s collaborated with The Carter Center, earned awards from the Associated Press and Society of Professional Journalists and won a 2024 Tennessee Press Association first-place prize for her series on discrepancies in Shelby County life expectancy by ZIP code.
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