We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
FedEx Corp | NYSE:FDX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.05 | -0.40% | 260.73 | 263.03 | 259.78 | 261.65 | 901,042 | 00:47:15 |
FedEx Corp. (NYSE: FDX) today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The contract modification extends the agreement through September 29, 2024.
The modified contract is expected to generate revenue of approximately $1.5 billion per year for FedEx Express. FedEx Express will provide airport-to-airport transportation of USPS Priority Mail Express and Priority Mail within the United States.
“We are pleased to be able to extend this agreement and to continue the outstanding service that FedEx Express has provided to the USPS for more than 16 years,” said David J. Bronczek, president and chief operating officer of FedEx Corporation. “This contract provides USPS with the operational reliability and flexibility they have come to expect from FedEx.”
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $58 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170223005771/en/
FedEx Corp.Patrick Fitzgerald, 901-818-7300patrick.fitzgerald@fedex.com
1 Year FedEx Chart |
1 Month FedEx Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions