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Fast changing: US air express market has shifted dramatically since last spring
The scene is quite different compared to last May, when the economy was still relatively strong in the world's largest express delivery market and DHL and UPS announced they were negotiating details of a deal under which UPS would take over DHL's airport-to-airport flying in the US. UPS estimated it would generate as much as $10 billion in additional revenue over 10 years from the proposed agreement.