Tag: UPS

US FedEx and UPS fight ruling on ownership of airline

Posted by | Jan 27, 2004 | |

FedEx and United Parcel Service are asking the Department of Transportation to reject a federal administrative law judge’s ruling that Astar Air Cargo is owned and controlled by an American citizen, not a German company. FedEx and U.P.S. made the request in a filing that served as a response to the Dec. 19 ruling. At issue is Astar’s ability to do business in the United States. FedEx and U.P.S. say the Miami-based Astar, which was called DHL Airways under former ownership, should be disqualified because of its ties to the German government.

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UPS Sued for franchise violations by coalition of Mail Boxes Etc owners

Posted by | Jan 21, 2004 | |

A national alliance of nearly 200 Mail Boxes Etc. stores, under the auspices of a nonprofit support and advocacy group called the Platinum Shield Association, are now locked in two California lawsuits in Los Angeles Superior Court with parent company United Parcel Service-Mail Boxes Etc. The plaintiffs in the current lawsuit are a group of storeowners who refused to convert to UPS stores and contend that UPS used high-pressure and questionable sales tactics on storeowners to sign the Gold Shield Program contract. Plaintiffs also claim that UPS pressured thousands of Mail Boxes Etc. franchisees to become UPS stores under contracts that are in violation of franchise laws, because they lacked appropriate and adequate disclosure information.

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UPS Express operations in Japan to become wholly-owned

Posted by | Jan 20, 2004 | |

UPS has announced it will acquire the minority shareholding of its joint-venture partner in Japan, Yamato Transport Co. Effective April 1, 2004, the joint-venture company, UPS Yamato Express Co. will become a wholly-owned company of UPS.

“As the world’s second largest economy, Japan is a very important market for UPS,” said Ken Torok, president of UPS Asia Pacific. “The wholly-owned company will strengthen our express operation and complement our existing global distribution and logistics capabilities.”

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UPS to buy out Japanese Yamato Express stake

Posted by | Jan 19, 2004 | |

United Parcel Service Inc has reached an agreement to buy out Yamato Transport Co, Japan’s largest door-to-door parcel delivery service, from their Japan joint venture, as the US firm moves to develop its own delivery network.

UPS will buy Yamato’s 49 pct stake in UPS Yamato Express Co by the end of March at an undisclosed price, turning the joint venture into a wholly owned subsidiary.

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