FedEx extends deal with Postal Service for 7 years

Published April 23, 2013 9:21pm ET



MEMPHIS, Tenn. (AP) — FedEx says it signed a seven-year, $10.5 billion deal to keep hauling air mail for the U.S. Postal Service.

The deal calls for FedEx to carry Express Mail and Priority Mail between U.S. airports.

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