UPS to Become US Postal Service’s , Main Air Cargo Provider.
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
In fiscal year 2023, USPS paid FedEx $1.73 billion
for its services, down from the $2.4 billion
FedEx received in fiscal year 2020.
The decrease in payments was partially due
to the postal service using more economical
trucks in place of planes, CNBC reports. .
The parties were unable to reach
agreement on mutually beneficial
terms to extend the contract, FedEx, via securities filing.
Since FedEx will lose nearly $2 billion in annual
business from letting go of the contract, .
hundreds of pilots will likely
lose their jobs, CNBC reports .
Following the announcement, UPS shares
increased 1.4% while FedEx stock dropped 1.6%.
FedEx's current contract is
set to expire on Sept. 29
Credit: Wibbitz Top Stories Duration: 01:30Published
Caitlin Clark Selected No. 1 Overall , by Indiana Fever in 2024 WNBA Draft.
The WNBA draft took place on April 15
at the Brooklyn Academy of Music.
The WNBA draft took place on April 15
at the Brooklyn Academy of Music.
Clark, the record-breaking NCAA star who's amplified interest in women's basketball, is headed to play with Indiana, ESPN reports. .
Clark, the record-breaking NCAA star who's amplified interest in women's basketball, is headed to play with Indiana, ESPN reports. .
I dreamed of this moment since I was in
second grade, and it's taken a lot of hard
work, a lot of ups and downs, but more
than anything, just trying to soak it in, Caitlin Clark, via statement.
The last time that the Fever won a
WNBA title was in 2012, ESPN reports. .
The last time that the Fever won a
WNBA title was in 2012, ESPN reports. .
But Clark is determined to help the team
"get back to championship habits." .
I'm very lucky to be going there
to an organization that really
loves women's basketball, Caitlin Clark, via statement.
You see it today, I think they had 17,000
tickets claimed to just watch the draft.
I think that shows the excitement in
Indianapolis. It's a great basketball city, Caitlin Clark, via statement.
For myself, I can't imagine a more perfect
fit, a better place for me to start my
professional career, an organization that
really just believes in women's basketball
and wants to do everything the right way. , Caitlin Clark, via statement.
So I couldn't be more
excited to get there, Caitlin Clark, via statement.
Other top WNBA picks include
Cameron Brink and Rickea Jackson,
who are headed to the Los Angeles Sparks.
Other top WNBA picks include
Cameron Brink and Rickea Jackson,
who are headed to the Los Angeles Sparks.
and Kamilla Cardoso and Angel Reese,
who will play with the Chicago Sky.
and Kamilla Cardoso and Angel Reese,
who will play with the Chicago Sky
Credit: Wibbitz Top Stories Duration: 01:31Published
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