FreightWaves Archives - Postal Consumers

FedEx Completes Shift of Former Postal Service Business, Rebrands Service

Mark Solomon / FreightWaves

March 10, 2021

FedEx Corp. said Wednesday that it has completed the integration of its last-mile delivery operations formerly handled by the U.S. Postal Service, and has rebranded the service to FedEx Ground Economy from FedEx SmartPost. Memphis, Tennessee-based FedEx has said for several years that...

Oshkosh Beats Workhorse For Postal Service Delivery Vehicle Contract

Alan Adler / FreightWaves

February 23, 2021

Defense contractor Oshkosh Truck Corp. won a 10-year contract to build next-generation delivery vehicles (NGDVs) for the U.S. Postal Service, beating out electric delivery van maker Workhorse Group Inc. Day traders had driven Workhorse shares to record levels in recent months, anticipating that...