FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.

The program changes will allow companies to package and securely ship air cargo while reducing the need for additional security screenings.

The package carrier took an extra hit last quarter from its contract talks with the Teamsters union, which UPS says resulted in $1 billion in lost revenue.

The filing comes nearly three years after the airline tapped the junk bond market for the first time in summer 2020 amid the pandemic-era boom and cheap credit.

Through the service, Sendle offers to deliver packages anywhere in the U.S. in two business days or less.

The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.

The deal will help ease pressure on United, which has come under criticism after a series of delays and cancellations to flights, even as it experiences soaring demand.

Moving into the summer, freight forwarders sit in an advantageous position to drive pricing down and demand on-time performance.

Transportation Secretary Pete Buttigieg hit back at the airlines, particularly United, saying the carrier has suffered out-sized impacts while others have recovered.

The U.S. plane maker’s latest tally of industry-wide deliveries over the next 20 years takes into account growing activism over jet emissions.