Turning the tables on competitor United Parcel Service (UPS), former chairman and chief executive officer of DHL Worldwide Express Patrick Lupo today expressed serious concern about UPS’s dominant position in the U.S. ground delivery market and its impact on the global parcel/express delivery market.
Read MoreThe Transportation Department on Friday rejected efforts by FedEx Corp. and United Parcel Service to strip competitor DHL Worldwide Express and DHL Airways of the licenses they need to deliver packages in the United States.
Read MoreJim Kelly, the chief executive of United Parcel Service Inc., said Friday that business conditions have shown some signs of stabilizing and UPS should be able to meet lowered earnings targets for the second quarter.
Read MoreUPS have spent more than $11 billion renovating its business to operate in the innovative economy. That investment is focused on IT technologies and is apparently almost twice as much as the shipping giant spends on its trucks.
Read MoreUPS Expansion Flurry Sets Up New Services
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