UK Royal Mail refuses to comment on US talks
Royal Mail yesterday described a report that it is in talks with the US companies Fedex Corporation and UPS over an alliance with its pan-European parcels business General Logistics Systems as “speculation” and declined further comment.
The Sunday Times reported Royal Mail was in talks with the two US companies over what it described as a ground-breaking European alliance.
It said chairman Allan Leighton was still undecided which of the two companies to choose but was keen to use GLS to break into the postal markets in France and Germany.
