“FedEx, UPS, and the US Postal Service are more business partners today than they are competitors,” David Hendel, an attorney in the Postal Service Contracting practice at the law firm of Husch Blackwell, who compiles an annual list of the Postal Service’s top contractors, tells me. (FedEx and UPS are far from the only companies that enjoy lucrative partnerships with the Postal Service. A quick scan of the Husch Blackwell list shows Northrop Grumman (NOC) taking in $410 million from Postal Service contracts last year. IBM (IBM) made $108 million from Postal Service contracts. And United Airlines (UAL) brought in $102 million.)
Why FedEx And UPS Want The Postal Service To Survive | Editors Pick | Minyanville's Wall Street
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