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Indiaexportnews.com

FedEx, Polar Air Cargo, UPS win Pentagon contracts

  17.08.2011    

Three worldwide express companies - Federal Express, Polar Air Cargo and United Parcel Service - have received an indefinite-delivery/indefinite-quantity, fixed-price contracts with a total value of US$853.3 million to provide international commercial express package services for the US Defence Department. The three companies were chosen from five bids.
The programme has an overall five-year maximum ceiling value of $853.3 million. The contract, for international commercial express package service with shipments up to 300 pounds for the federal government, includes civilian agencies and organisations.
Work will be performed internationally and the contract covers the period from October 1 to September 30, 2012, with four one-year option periods from October 1, 2012 to September 30, 2016, according to the Shipping Gazette.



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