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FedEx Wins $10.5B Contract For US Postal Service Airmail

By Dietrich Knauth (April 24, 2013, 5:23 PM EDT) -- The U.S. Postal Service awarded Federal Express Corporation a seven-year, $10.5 billion contract Tuesday, allowing FedEx to continue the transportation of domestic mail products by air, while incorporating new service performance requirements and improved contract terms and conditions....

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