UPS, Postal Service enter joint venture
The U.S. States Postal Service, which lost $199 million in fiscal 2000, has added United Parcel Service to the list of companies it hopes will help improve its efficiency. UPS announced on Thursday that it would offer a range of postal-related services, including presorting and localized printing of mail items. The company joins FedEx Corp., DHL Worldwide Express and Emery Worldwide, among others, that perform sorting or transportation service behind the scenes of mail delivery.
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