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DHL had a worse quarter than FedEx and UPS, with revenue falling 16.3 percent to $21 billion on operating profit of $1.8 billion, 26.1 percent lower than last year. The Express division ...
India's antitrust body is investigating domestic units of global delivery companies, such as Germany's DHL, U.S.-based United Parcel Service and FedEx , for alleged collusion on discounts and ...
A falloff in such shipments could deprive companies like UPS, FedEx and DHL of a big source of revenue. Airlines, mainly those that carry only cargo, and smaller logistics companies could also ...
FedEx and UPS are both halting inbound shipments to Russia and Ukraine in light of Russia’s military invasion last week. “We are closely monitoring the situation and have contingency plans in ...
Id. ¶¶ 25-26. Excerpt from IRS Notice 2016-30 The approved “designated delivery services,” last revised in 2016, contains 8 iterations of FedEx (see chart), 8 from DHL and 7 from UPS.
On Friday, Dec. 15, a federal court ruled that the town of Vail cannot enforce its ban on high-volume commercial carriers like UPS, FedEx and DHL pending a trial between the town and the Colorado ...
FedEx and United Parcel Service (UPS) say their rival is controlled by Deutsche Post and Lufthansa Cargo via stakes in DHL Inter-national, which has a 52% share and 23% voting rights in DHL ...
A doorbell camera captured a FedEx delivery driver writing something on a box. Then a UPS driver pulls out a marker of his own and writes a message later that same day.
In the past three months, FedEx shares are down 31.8% compared to a 4% drop for UPS and a 7.6% gain for Amazon, suggesting the market seems to think FedEx may be dealing with its own unique problems.
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