UPS AGREES TO BUY SONICAIR TO EXPAND 'SAME-DAY' DELIVERY SERVICE
United Parcel Service signed a letter of intent to acquire Sonicair, a leading provider of "same-day" or "next flight out" delivery and third- party logistics services. UPS said SonicAir, headquartered in Scottsdale, Ariz., will become a wholly owned subsidiary of UPS and continue to be managed and...
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