Tag: UPS

FedEx Files Suit against Firm UPS Intends to Buy

FedEx Corp. is suing a company that United Parcel Service intends to buy and
accuses the firm of giving trade secrets to FedEx’s larger rival.

FedEx claims that Fritz Companies Inc. gave UPS confidential information about FedEx during negotiations that ultimately led to UPS agreeing to buy Fritz for $450 million
in stock.

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FedEx, UPS Join Forces to Stave Off Foreign Push Into U.S. Delivery Market

FedEx 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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