April 17, 2009

UPS, DHL end negotiations over $1 billion contract

UPS, DHL end negotiations over $1 billion contract | ajc.com: "Negotiations have ended between Sandy Springs-based UPS and European rival DHL over an air cargo contract valued at $1 billion.

“UPS and DHL have mutually agreed to terminate their negotiations,” confirmed UPS spokesman Norman Black. “As UPS is in its quiet period before earnings, we will have nothing further to say at this time.” UPS will release its earnings on Thursday."

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