After a twenty-year partnership, the United States Postal Service will be switching their primary air cargo provider from FedEx to UPS.
The current deal with FedEx will still be upheld until late September.
In a statement released by FedEx addressing the situation, they pinpoint the changeup by an inability to agree on the same terms.
“We have long said we would extend the contract with the USPS if we could agree to commercial terms in the best interests of FedEx shareholders,” the statement read. “Although we were unable to reach mutually agreeable terms, we remain committed to delivering outstanding service through the completion of our contract in September.”
