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UPS targets lucrative e-commerce returns, healthcare with acquisitions

United Parcel Service on Thursday said it is spending more than $1 billion this quarter to buy two companies it hopes will bolster profit and volumes amid bare-knuckled market share battles with delivery rivals like FedEx. The world's biggest parcel delivery firm on Wednesday announced an agreement to buy Happy Returns from PayPal, a deal that came roughly a month after it signaled its intent to purchase healthcare specialist MNX Global Logistics. UPS, FedEx, Amazon.com and regional deliv...
United States Los Angeles Alan Amling Lisa Baertlein United Parcel Service On Fedex Office
Source: yahoo.com

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