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USPS, DHL eCommerce ink $10B-plus long-term contract

The U.S. Postal Service and DHL eCommerce have reached a multi-year contract agreement with an expected value of “well over $10 billion,” extending their partnership of over 25 years, according to a news release Thursday.

Through the deal, DHL eCommerce will continue to hand off parcels it picks up, sorts and transports exclusively to the Postal Service for last-mile delivery to the end customer, the release said.

Postmaster General and CEO David Steiner said that the deal showcases how the agency can leverage its expansive last-mile delivery network to fuel growth and add value for its customers. He said since DHL eCommerce would rather not spend extensively to build out a last-mile network in the U.S., the deal is “a total win-win.”

USPS, DHL eCommerce ink $10B-plus long-term contract | Supply Chain Dive

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