USPS and FedEx Renew Global Express Guaranteed Agreement
WASHINGTON, DC — The U.S. Postal Service and FedEx Express have renewed their alliance for Global Express Guaranteed (GXG), the Postal Service’s premier, date-certain international delivery service to more than 190 countries and territories.
“The Postal Service is pleased to renew this important agreement with FedEx,” said Pranab Shah, USPS vice president and managing director, Global Business. “We plan to build on the accomplishments of the initial agreement, enhancing GXG’s world-class service reliability by using the resources of both organizations to provide quality and value for our customers.”
“Global Express Guaranteed leverages the two great transportation networks of FedEx Express and the U.S Postal Service to bring greater choice and convenience for customers,” said T. Michael Glenn, FedEx executive vice president for Market Development. “This agreement combines the global reach, convenience, speed and reliability of the Postal Service and FedEx Express in a natural extension of our long-standing relationship.”
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An independent federal agency, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 149 million residences, businesses and Post Office Boxes, six days a week. It has 34,000 retail locations and relies on the sale of postage, products and services, not tax dollars, to pay for operating expenses. Named the Most Trusted Government Agency five consecutive years by the Ponemon Institute, the Postal Service has annual revenue of $75 billion and delivers nearly half the world’s mail.