Originally Posted by
PurpleToolBox
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.
The only upside to that is that it will drive customers directly to FedEx if the USPS no longer offers a time critical product.