Shanghai Daily

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 24, 2006.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx to buy out its JV partner

    US-BASED FedEx Express, the world's leading express delivery company, has agreed to buy its Chinese partner's 50 percent stake in their joint venture and operate as a wholly owned concern, parent FedEx Corp announced yesterday.