URUGUAY'S POSTAL SERVICE SIGNS DEAL WITH FEDERAL EXPRESS
Deal is for international mail outside Mercosur
Read MoreDeal is for international mail outside Mercosur
Read MoreFedEx Corp. and United Parcel Service Inc., usually each other’s most hated rival, have found something they’re willing to bury the hatchet over: the German post office. Convinced that Deutsche Post AG is gearing up for a North American invasion, the two U.S. delivery giants are joining forces in hopes of proving that a delivery blitz would be bad for America.
Read MoreUS Postal Service had average increase of 4.6% on 1/7/01, but mailers face 4.9% increase from FedEx and 3.7% hike from United Parcel Service
Read MoreChina Post’s deep-seated antagonism towards competition is standing
in the way of the bureau’s tremendous need to get out of debt
FedEx Corp. (NYSE:FDX – news) and United Parcel Service Inc. (NYSE:UPS – news), two longtime rivals in the delivery business, have asked the U.S. government to suspend the flights and freight-forwarding operations of DHL Worldwide Express after Deutsche Post AG took a stake in the company
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