UPS Receives Subpoena in Air Cargo Investigation
ATLANTA, July 14, 2006 - UPS (NYSE:UPS) today announced it had received a subpoena from the Antitrust Division of the U.S. Department of Justice requesting records relating to an on-going criminal investigation.
The investigation, which was publicly announced in February 2006, relates to the air cargo pricing practices of a number of airlines.
UPS does not believe it is a target of the investigation and will cooperate with the Justice Department.
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