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It provides FedEx Trade Networks Transport & Brokerage (Canada), Inc. (FTN) the legal authority to act on behalf of you or your company with the Canada Border Services Agency (CBSA) to facilitate clearance of your shipments to Canada.
FedEx's collaboration with the USPS dates to 2001, providing domestic and international air transportation for various postal products. However, the revenue from their USPS contract witnessed a decline from $2 billion to $1.9 billion in the fiscal year ending September 30, 2022.
For international shipments, FedEx often partners with USPS to utilize its established global network. This collaboration enhances the efficiency and reliability of cross-border deliveries, ensuring packages reach remote destinations that might be challenging for FedEx alone.
Note: In a Form 8-K filed with the Securities and Exchange Commission on April 1, 2024, FedEx Corporation announced the agreement between FedEx Express and the United States Postal Service (“USPS”) for domestic transportation services will expire by its terms on September 29, 2024.
FedEx: FedEx and the USPS Won't Renew Airlift Contract; UPS Wins a Portion. FedEx announced that after a period of "extensive discussions," it will not renew its contract with the United States Postal Service, or USPS, which will expire on Sept. 29.
FedEx Ground delivers packages 150 lbs. or less to businesses or commercial addresses Monday–Friday. FedEx Home Delivery, which is part of the FedEx standard shipping option, delivers packages 150 lbs. or less to residences every day of the week. A $4 residential surcharge is added per package with FedEx Home Delivery.
ISP refers to Independent Service Provider, previously referred to as a CSP or Contracted Service Provider.
FedEx Express is often known for its delivery speed. In most cases, it offers next-day delivery for packages delivered within the same state, and two-day delivery for packages delivered to other states. FedEx Ground, in contrast, is designed for delivery within 1 to 5 business days, depending on geographic location.
ISP routes can be used for outbound traffic and link load balancing traffic. Routes for outbound traffic are chosen ing to the following priorities: Link local routes—Self-traffic uses link local routes. LLB Link Policy route—Configured policy routes have priority over default routes.