12.30.2003

UPS competitor FedEx to acquire Kinko's for $2.4 billion - 2003-12-30 - Business First of Louisville
This is great. FedEx makes a counter move to The UPS Store move by buying Kinkos. One of the Google news links was for the Louisville business newspaper (UPS' major hub is in Louisville) so I thought it would be interesting to see what they had to say about FedEx. They gave the quote from the CEO and some finanical numbers and then talked about UPS. Even closing with this.

"Atlanta-based UPS operates its largest package-handling hub at Louisville International Airport. The company also bases it UPS Airlines division in Louisville, where the company has more than 20,000 employees."

Look again at the title of the article... I guess those 20,000 employees of UPS will buy more papers if they read about FedEx but then hear about how huge UPS is.

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