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May 23, 2006

Rumours - UK - Link UK Royal Mail with FedEx or UPS

UK -Transport Intelligence Ltd -23 May 2006: -- It has been reported that the UK’s Royal Mail is in advanced talks with US parcels giants UPS and FedEx over a potential joint venture. It is believed that the negotiations focus on a link up between one of the US giants and the Royal Mail’s European parcels operation, General Logistics Systems (GLS)...

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