These opponents, who fear the loss of jobs and competition, have spurred two congressional hearings and secured the support of both presidential candidates.
Still, the UPS-DHL agreement, announced in May, remains on track to close this year. Atlanta-based UPS' giant's deftness at deflecting criticism highlights its clout on Capitol Hill, where it has long-standing relationships.
The express giant cut its prices in June 2008, the third reduction and the largest one in a year, which people in the industry estimated quadrupled its bill number compared with that before the price cut.
UPS Extends Helping Hand for the Entire Month of October - Smart Money
UPS employees across Canada are rolling up their brown sleeves to do a lot more than deliver packages in October. Throughout the month, UPS employees will participate in the company's Global Volunteer Month, giving their time, talents and hands-on support to charitable organizations in their local communities.
Sen. Kohl Calls On Regulators To Stop DHL-UPS Shipping Deal - Smart Money
The head of the Senate antitrust subcommittee is calling on federal regulators to stop a pending agreement between United Parcel Service Inc. UPS and DHL Express that makes UPS the exclusive provider of air shipping for DHL's North American package delivery service.
Because the deal isn't a merger, it is unclear what authority regulators have over it. Kohl and Brown said in their letter that the arrangement violates antitrust law because it would eliminate DHL as a competitor against the other two largest overnight delivery services, UPS and Fedex Corp. (FDX).
