By Finance Pulse in FDX —

FedEx Refocuses on International Air Cargo After USPS Contract Loss

FedEx shifts strategy to international air cargo, reallocating jets post-USPS contract loss. Anticipates $6.2B savings despite short-term revenue dip.

A visually appealing image of FedEx cargo planes on a runway at sunset, highlighting the company's f
FedEx Refocuses on International Air Cargo After USPS Contract Loss

FedEx Corp is reallocating jets to international routes and lost a major USPS contract, impacting short-term revenue but anticipating future savings.

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