USPS and DHL Reach 10 Billion Dollar Delivery Deal
The U.S. Postal Service has reached a multi-year agreement worth over $10 billion to handle last-mile parcel deliveries for DHL eCommerce across the United States. This partnership aims to help DHL double its business by 2030 while providing critical revenue for the financially strained postal service.
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DHL Group subsidiary DHL eCommerce signed a multi-year deal worth over $10 billion with the United States Postal Service for last-mile delivery. The agreement follows a similar package delivery pact reached between the postal service and Amazon.com Inc the previous month. This partnership provides critical revenue for the cash-strapped USPS as it faces a potential liquidity crisis by February.
