USPS Fallout: 7 Businesses that May Hit the Skids

USPS Fallout: 7 Businesses that May Hit the Skids

September 23, 2011

FedEx

It may be hard to believe that the big private delivery service would be hurt by the Postal Service’s fiscal problems, but FedEx was paid $1.37 billion in fiscal 2010 to transport Express, Priority and some first-class mail, and it has drop boxes in many post offices. The stock (FDX) has already taken a beating because of concerns about the weak global economy.
It may be hard to believe that the big private delivery service would be hurt by the Postal Service’s fiscal problems, but FedEx was paid $1.37 billion in fiscal 2010 to transport Express, Priority and some first-class mail, and it has drop boxes in many prevnext

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