CEO of FedEx Express, Richard W. Smith gave a presentation at the FedEx Retirees Luncheon. Paraphrasing from what was posted on JF about his speech, he said the postal contract will be significantly smaller, the day sort around 30-40% smaller. It is because the current USPS Post Master General wants to truck as much mail and slow it down instead of paying more money to fly it. Aka more DRIVE.