FedEx Canada and partner Innomar Strategies have won a CA$90.4 million ($70.5 million) logistics contract from the Canadian government to distribute COVID-19 vaccines.
The government posted the award notice on Tuesday. FedEx (NYSE:FDX) and Innomar, the Canadian subsidiary of U.S. drug distributor AmerisourceBergen (NYSE:ABC), competed with Kuehne + Nagel, McKesson Canada and UPS Healthcare for the contract.
It came as Canada approved the Pfizer-BioNTech vaccine, the first doses of which could...
https://www.freightwaves.com/news/fedex-partner-win-70m-canada-covid-19-vaccine-logistics-contract