Transport

59 Billion Reasons Amazon Is Not a Threat to UPS

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United Parcel Service (UPS)  investors aren’t happy about Amazon (AMZN)  developing its own delivery service. In fact, they’re very worried about it. Sure another delivery company (no matter how small) is never good for business. But investors are blowing the Amazon threat out of proportion. There’s a strong bear case for UPS, but the main…

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Deutsche Post agrees to buy UK Mail for £242.7m

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German company’s acquisition strengthens its grip on European postal market and will put further pressure on Royal Mail in UK The family that turned a Harrow taxi firm into a postal company competing with the Royal Mail are in line for a £120m windfall after an agreed bid from Deutsche Post. UK Mail was founded…

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