Tag: USA

USPS signs Consolidated Freightways to handle LTL freight in Continental U.S.

The U.S. Postal Service has selected trucking giant Consolidated Freightways (Nasdaq:CFWY) to manage all USPS non-mail LTL freight delivery in the continental U.S.
The contract comes with options that allow the USPS to extend the partnership through February 2012, with a value of at least $9 million per year. The decision condenses the USPS LTL freight network from 20 national, regional, and local carriers to just one transportation provider.

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