FDX Jan 2025 125.000 put
| Previous close | 0.6800 |
| Open | 0.5700 |
| Bid | 0.0000 |
| Ask | 0.4600 |
| Strike | 125.00 |
| Expiry date | 2025-01-17 |
| Day's range | 0.5700 - 0.6800 |
| Contract range | N/A |
| Volume | |
| Open interest | 120 |
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ReutersUPS sees profit in US Postal Service work that dragged down FedEx earnings
LOS ANGELES (Reuters) -United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy air services for the quasi-governmental agency.
