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UPS venture capital arm bought whole of Mail2000 after split from TPG. UPS will now indirectly be sorting USPS mail for them.
Read MoreTPG sold minority stake in Mail2000
Read MoreUSPS offers new delivery confirmation service
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.
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