U.S. Postal Service renews ABX contract

The U.S. Postal Service has renewed ABX Air Inc.’s contract for its terminal handling services in Indianapolis, the cargo carrier said Tuesday.

ABX said the four-year contract is expected to generate additional revenue of USD 17.7 million.

Wilmington-based ABX also has won contracts from the postal service to manage its centers in Dallas and Memphis, Tenn. Each of the contracts has a provision for two, two-year extensions.

ABX Air, headquartered in Wilmington, operates a fleet of 100 aircraft and 18 hubs throughout the United States. It reported USD 1.46 billion in revenue last year.

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