UPDATE 1-UPS will not join FedEx lawsuit against U.S. government [Reuters]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Reuters
UPS will not join FedEx lawsuit against U.S. government - Reuters 3 Min Read (Reuters) - United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S. government that argues FedEx should not be held liable if it inadvertently shipped products in violation of an export ban. FedEx’s announcement of its suit on Monday came shortly after the U.S. parcel delivery firm reignited Chinese ire over its business practices. A package containing a Huawei phone sent to the United States was returned last week to its sender in Britain, in what FedEx said was an “operational error.” Chinese telecoms company Huawei Technologies Co in May was added to a blacklist of people and companies the U.S. government said posed a security risk, barring it from buying, without special approval, U.S. technology upon which it was heavily reliant. A number of other Chinese firms have also been banned from buying sensitive U.S. technology. In its lawsuit, FedEx said it should
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- 4/23/24 - Beat
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- 5/6/24 - Form 8-K
- 5/3/24 - Form 10-Q
- 5/3/24 - Form 4
- UPS's page on the SEC website