UPS Buys Out Control Of China Network For $100 Million
UPS will take over direct control of its express deliveries in major Chinese cities, buying out its partner Sinotrans in a $100 million deal. In January, UPS will take control of operations in Shanghai, Guangzhou, Shenzen, Tianjin and Qingdao. By the end of the year, UPS will take over operations in...
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