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How will the UPS purchase of Overnite trucking impact UPS rail shipments?
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While the UPS purchase of Overnite could be in reaction to all of the moves by Yellow Freight, I think it is more likely to be a result of the Fed EX purchase of American Freightways. A recent article in Business Week stated the American purchase by Fed Ex was a move to increase total market share of the transportation market as well as an attempt to provide "one stop' shipping solutions to customers. UPS reecently bought Mail Boxes ETC., and Fed Ex responded by buying Kinkos. I think it is more a UPS-Fed Ex war than any reaction to recent moves by Yellow.
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