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Other Sectors Should Heed DHL/UPS Hookup

By Jim Cramer

 About this article:
 Eureka, something happened that should be happening: DHL is giving up and linking up with UPS. Why is this important? Because so few companies have blinked in this environment. So many companies have dug in their heels that I wish wouldn't have: no mergers in homebuilding, no mergers in banks that aren't pretty much shotgun (Bear and Countrywide) and no mergers in the food or drugs despite tremendous raw costs, which could always be minimized by clout from bigger clients, and/or horrid pipelines like that of Pfizer. The combination of higher fuel costs with an inability of low prices to build share are the real reasons, I believe, that DHL has given up and thrown in its lot with UPS. Now, because of this consolidation, we could see some price stability between UPS and FedEx as against the vicious oligopoly that we have had. We saw UPS and...

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